Hello altogether!
It is time to have a look at SPX.
Since the recent breakdown and weakness in SPX, I am expecting a last nice move up.
I reckon the last move will take us into the 4900 area. Afterwards, only god knows what will happen :)
So far we are holding the vertical support line and already broke out the vertical resistance and are staying above.
4309 - 4330 is a nice buy area based on fibonacci retracement.
Let's see how this will play out.
Good trading!
It is time to have a look at SPX.
Since the recent breakdown and weakness in SPX, I am expecting a last nice move up.
I reckon the last move will take us into the 4900 area. Afterwards, only god knows what will happen :)
So far we are holding the vertical support line and already broke out the vertical resistance and are staying above.
4309 - 4330 is a nice buy area based on fibonacci retracement.
Let's see how this will play out.
Good trading!
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