SPX -Waiting to play the range break

16 ביוני 2020

SPX is at interesting zone, with no clear direction. We are looking to play the break of the range. ( 3120 on upside and below 3100 on downside).
Downside targets- 3075, 3047
Upside - 3145

16 ביוני 2020

הערה

Long above 3125 was taken tagged 3145 and 3165. probably the easiest fastest move into open
Now we have a old reference from 3165-75 zones. break above we go to new territory else look for a rotation.

16 ביוני 2020

הערה

What inflection from 3165 areas, nice rotation and consolidation.
although the longer we spend above the 3120 levels the probability of resuming up move remains open.