Good day Trader :)
Here’s another market breakdown for you, focusing on the S&P futures and where I believe this week's candlestick is likely to expand.
Late last week (Wednesday), I mentioned the potential for a retracement, not a reversal, and at the start of this week, we saw exactly that. Sellers were quickly liquidated, and the market has resumed its bullish momentum.
Looking ahead, my expectation is for price to expand toward the 6,075 level.
In this analysis, I’ll walk you through a quick review of last week’s price action and provide an in-depth breakdown of why I believe this target is within reach.
Let’s dive in... OneCandlestickAtATime
Referenced Idea
Here’s another market breakdown for you, focusing on the S&P futures and where I believe this week's candlestick is likely to expand.
Late last week (Wednesday), I mentioned the potential for a retracement, not a reversal, and at the start of this week, we saw exactly that. Sellers were quickly liquidated, and the market has resumed its bullish momentum.
Looking ahead, my expectation is for price to expand toward the 6,075 level.
In this analysis, I’ll walk you through a quick review of last week’s price action and provide an in-depth breakdown of why I believe this target is within reach.
Let’s dive in... OneCandlestickAtATime
Referenced Idea
Note
Hey Guys.I noticed that I wasnt adjusted for contract changes so my candlesticks are off.
PLease see the below chart with the updated price points
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.