SPX retracement may be under way!
已更新
Pay close attention to today's US open!
We might see the market move up, and a retracement underway.
Important points to watch: 1888 - short-term trendline (4H) + 8 Daily SMA (which I mentioned in the previous post as a the downtrend's resistance line). Also yesterday's late price action could be a good trigger for a move up today (see related post)
If the market closes above this 8 daily SMA then look for a correction towards 1920 in the following days (week).
If you are interested in speculating this incumbent correction, better to place your stops just under 1840.
Good trading to you all!
We might see the market move up, and a retracement underway.
Important points to watch: 1888 - short-term trendline (4H) + 8 Daily SMA (which I mentioned in the previous post as a the downtrend's resistance line). Also yesterday's late price action could be a good trigger for a move up today (see related post)
If the market closes above this 8 daily SMA then look for a correction towards 1920 in the following days (week).
If you are interested in speculating this incumbent correction, better to place your stops just under 1840.
Good trading to you all!
註釋
Breakout confirmed - 1940 in sight.Trade well!
相關出版品
免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。