SPX has reached the top.
Based on a 3m period, SPX looks like it reached the top.
1 Year range looks very bullish, usually when you have a closed above the RANGE (Red line) its bullish, the price can go ballistic to the upside. This can be a fake-out too, we might have a big red candle at the end of the year.
Time will tell, i don't trade SPX but if i will buy this stock, i will buy it at the RANGE (Green Line) or when its too close to it.
Based on a 3m period, SPX looks like it reached the top.
- Previous 3m candle closed below previous month. Signs of top, it can be fake-out but its near the RANGE (Red line)
- The G2S is in the bear market. The black indicator line is below the G2S (Blue Line)
- The 3m BREAKOUT indicator makes a lower high while price makes a higher high.
1 Year range looks very bullish, usually when you have a closed above the RANGE (Red line) its bullish, the price can go ballistic to the upside. This can be a fake-out too, we might have a big red candle at the end of the year.
Time will tell, i don't trade SPX but if i will buy this stock, i will buy it at the RANGE (Green Line) or when its too close to it.
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