SPX is in a make or break situation. Break this bull flag, and we could head header to touch the $7,000 psychological level. Reject here, and we could see lower at $6,500.
After reclaiming the anchored vWAP, SPX is pushing into a stacked zone of resistances:
Upside trigger:
– Break and hold above the FVG + 0.786 (≈ 6835–6920).
– Target = retest of highs / 7000.
Downside trigger:
– Failure at FVG
- Breakdown of bull flag
- Move towards Rally POC at 6459
After reclaiming the anchored vWAP, SPX is pushing into a stacked zone of resistances:
- Upper Bull Flag trendline
- Bearish Fair Value Gap
- 0.618 Fib Retracement
Upside trigger:
– Break and hold above the FVG + 0.786 (≈ 6835–6920).
– Target = retest of highs / 7000.
Downside trigger:
– Failure at FVG
- Breakdown of bull flag
- Move towards Rally POC at 6459
Trading leveraged products carries a high level of risk and may result in losses exceeding your initial investment; ensure you fully understand the risks involved.
-
Use your TradingView charts to trade your Alchemy account: bit.ly/42vUfjL
-
Use your TradingView charts to trade your Alchemy account: bit.ly/42vUfjL
Declinazione di responsabilità
Le informazioni e le pubblicazioni non sono intese come, e non costituiscono, consulenza o raccomandazioni finanziarie, di investimento, di trading o di altro tipo fornite o approvate da TradingView. Per ulteriori informazioni, consultare i Termini di utilizzo.
Trading leveraged products carries a high level of risk and may result in losses exceeding your initial investment; ensure you fully understand the risks involved.
-
Use your TradingView charts to trade your Alchemy account: bit.ly/42vUfjL
-
Use your TradingView charts to trade your Alchemy account: bit.ly/42vUfjL
Declinazione di responsabilità
Le informazioni e le pubblicazioni non sono intese come, e non costituiscono, consulenza o raccomandazioni finanziarie, di investimento, di trading o di altro tipo fornite o approvate da TradingView. Per ulteriori informazioni, consultare i Termini di utilizzo.