On monthly, weekly, daily, #SPX is on a downtrend based on my system.
But price action wise, with Friday's doji close, we look to go higher.
This post is later than my usual, some opportunity might be lost already. Price already pullback to 3251 which was my long/short zone. 3273-77 is the other reaction zone to go long, and price is currently above.
Upside resistance will be at 3310-16. 3345-3355 is strong resistance, and it should cap high of day.
In the event 3248 breaks, unlikely today IMO, 3195-3204 will be support. 3165-3175 is strong support, and should cap low of day.
But price action wise, with Friday's doji close, we look to go higher.
This post is later than my usual, some opportunity might be lost already. Price already pullback to 3251 which was my long/short zone. 3273-77 is the other reaction zone to go long, and price is currently above.
Upside resistance will be at 3310-16. 3345-3355 is strong resistance, and it should cap high of day.
In the event 3248 breaks, unlikely today IMO, 3195-3204 will be support. 3165-3175 is strong support, and should cap low of day.
Join me for free on Patreon (patreon.com/fademeifyoucan) to receive my daily FX and indices trading plan. DM me to join my new group to learn all my trading levels and to trade together.
כתב ויתור
המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.
Join me for free on Patreon (patreon.com/fademeifyoucan) to receive my daily FX and indices trading plan. DM me to join my new group to learn all my trading levels and to trade together.
כתב ויתור
המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.