Balanced View of SPX 500
I think this rally has surprised everybody, this outlook show a symmetrical balanced view of what could take place in the coming weeks, there is harmony amongst the madness perhaps! I am expecting a rejection around 2750 this is the 200 DMA moving average on the daily chart and correlates with a trendline resistance 'highlighted'....The trigger for the short could be NFP data tomorrow at 8.30ET/ 1.30pm GMT...I will then be looking for an inverted double bottom to balance the chart ...and then retest previous highs in the spring.......take care folks.......
Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.