BULLTRAP? SPX needs to follow thru Hammer above 4k soon
SPX futures needs to follow thru SOON on Monday”s long hammer candle by closing & consolidate above 4400. Otherwise it may loose current momentum & fall back to 4300, 4250, 4000 next supports & also the next GANN Fan line support.
Above 4520 would give good chance for the bulls to retest all-time-high.
SPX may take some time to consolidate, shake out weak hands so that it
may start to float again.
Not trading advice
Above 4520 would give good chance for the bulls to retest all-time-high.
SPX may take some time to consolidate, shake out weak hands so that it
may start to float again.
Not trading advice
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