In case of an attempted rally - These are the zones to watch
SPX bounced from a monthly support line last week.
It is the second time that a monthly line saves the S&P500 from falling apart.
If the Bulls will continue to hold ground... they may try to generate a Year End Rally.
In such scenario, I've marked the important elements you need to watch in the near term future.
The final target zone of this potential rally scenario is the PRZ of a bearish Gartley
It is the second time that a monthly line saves the S&P500 from falling apart.
If the Bulls will continue to hold ground... they may try to generate a Year End Rally.
In such scenario, I've marked the important elements you need to watch in the near term future.
The final target zone of this potential rally scenario is the PRZ of a bearish Gartley