📍SPX500 | Triangle Compression Before Breakout?
SPX500 is currently coiling into a symmetrical triangle on the 5-min chart, suggesting a volatility expansion is imminent.
🔍 Fibonacci Levels in Play:
Key Support: 5,419 – 5,428 (0.5 to 0.618 retracement)
Breakout Target: 5,482.83 (Fib 1.382)
Higher Projections: 5,499.94 (1.618), 5,516.82 (1.854)
📈 Probabilities:
Bullish Breakout → 5,455 / 5,483 = 65%
Sideways Chop in 5,420–5,440 range = 20%
Bearish Fade < 5,419 = 15%
🚨 Watching for confirmation above 5,434 with volume for long entry.
This setup aligns with our high-probability DSS framework for intraday signals. Mark your levels. Monitor the breakout.
🧠 Discipline is your alpha.
📊 Chart by: Wavervanir International LLC
#SPX500 #TradingView #TechnicalAnalysis #Fibonacci #TrianglePattern #BreakoutStrategy #SmartMoney #QuantEdge #Wavervanir #MarketUpdate #DayTrading #DSS #SP500
SPX500 is currently coiling into a symmetrical triangle on the 5-min chart, suggesting a volatility expansion is imminent.
🔍 Fibonacci Levels in Play:
Key Support: 5,419 – 5,428 (0.5 to 0.618 retracement)
Breakout Target: 5,482.83 (Fib 1.382)
Higher Projections: 5,499.94 (1.618), 5,516.82 (1.854)
📈 Probabilities:
Bullish Breakout → 5,455 / 5,483 = 65%
Sideways Chop in 5,420–5,440 range = 20%
Bearish Fade < 5,419 = 15%
🚨 Watching for confirmation above 5,434 with volume for long entry.
This setup aligns with our high-probability DSS framework for intraday signals. Mark your levels. Monitor the breakout.
🧠 Discipline is your alpha.
📊 Chart by: Wavervanir International LLC
#SPX500 #TradingView #TechnicalAnalysis #Fibonacci #TrianglePattern #BreakoutStrategy #SmartMoney #QuantEdge #Wavervanir #MarketUpdate #DayTrading #DSS #SP500
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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.