We have S&P near the last possible support. We also have a potential H&S figure.
I bet we could pullback to the purple support (now resistance) and then we will see what's the next move.
If we break downwards we could follow the H&S figure to 2007/2008 levels.
Regards!
I bet we could pullback to the purple support (now resistance) and then we will see what's the next move.
If we break downwards we could follow the H&S figure to 2007/2008 levels.
Regards!
Commento:
Weekly candle looks good for a bounce. Aug price support was broken but not confirmed.
Commento:
Perfect pullback to the last support.
