Indice S&P 500Long
Gartley222 in SP500
Planning to buy the 78% Fib level (if the structure doesn't change) which also is a previous support/resistance level.
Stochastics is also showing some hidden divergence.
Longer target is the 161% extension.
Look on the left - the same setup played out pretty well. The 161% extension was reached in a bit over 3 days. Why do I mention that? In an uptrent the Gartleys or Springs work. I know it might sound pretty simplistic, but it is in line with the old saying - "When do you buy? -> When the price goes up". Similarly, when I see my Spring work I know we are in an uptrend and I must take all of them.
Stochastics is also showing some hidden divergence.
Longer target is the 161% extension.
Look on the left - the same setup played out pretty well. The 161% extension was reached in a bit over 3 days. Why do I mention that? In an uptrent the Gartleys or Springs work. I know it might sound pretty simplistic, but it is in line with the old saying - "When do you buy? -> When the price goes up". Similarly, when I see my Spring work I know we are in an uptrend and I must take all of them.
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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.