Target for SHS is 1833 but could as well be popping back up creating a better bear flag pattern or as high as head test
I will be short if neckline decisive broken with a backtest
I think we'll see some back and forth here and first later in the day see direction.
The most important is that SP respected the megaphone yesterday not surpassing the 78,6 retrace of the last swing high and low on daily
Yellow line is megaphone upper trend line.
Time will show as always.
Safe trading ladies and gents!
BM
I will be short if neckline decisive broken with a backtest
I think we'll see some back and forth here and first later in the day see direction.
The most important is that SP respected the megaphone yesterday not surpassing the 78,6 retrace of the last swing high and low on daily
Yellow line is megaphone upper trend line.
Time will show as always.
Safe trading ladies and gents!
BM