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nirmalc83

SPX Daily Update

Long
Indice S&P 500 (SP:SPX)  
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SP:SPX   Indice S&P 500
Chart Patterns Trend Analysis S&P 500 (SPX500) Bullish Patterns LONG
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chartpattern trendanalysis spx500 bullish long
Bias has changed short term to bullish after today's downtrend line break. Notes on chart.
Commento:
Follow through with a gap up, retest and back up. Didnt close at the highs today.

Well, for now, everything depends on tomorrow's close and weekly candle. China tariff news is not being taken pleasantly as of now. Feels like the dump will be bought up, of course, that's just a speculation. If 2620 breaks or close below downtrend line, I'm back to chop to bearish bias.
Commento:
Played out bullish from this chart. But path wasnt straight forward. Lot of chop and bearish action in between throwing technical analyses off.
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