On the Recent SPX rally we are now looking to Get long on the current dip.
We previously looked for a fall to which we have exited today. This was due to Strong Resistance and price Rejection around the .618 FIB area.. Now, the move changes to the longside on the current fall to some Reasonable support.
The news Today around Productivity and jobs has not affected the SPX with too much Impetus. Prices remain Subtle and ready for entry as Market sentiment changes.
We can look long at the current support level for a move up away from Key MA’s for a continuation move in uptrend. We will look to exit towards our PREVIOUS short zone..
We will Look long around the 4485 Level area with our Exit noted by the upside Eclipse symbol area.
We previously looked for a fall to which we have exited today. This was due to Strong Resistance and price Rejection around the .618 FIB area.. Now, the move changes to the longside on the current fall to some Reasonable support.
The news Today around Productivity and jobs has not affected the SPX with too much Impetus. Prices remain Subtle and ready for entry as Market sentiment changes.
We can look long at the current support level for a move up away from Key MA’s for a continuation move in uptrend. We will look to exit towards our PREVIOUS short zone..
We will Look long around the 4485 Level area with our Exit noted by the upside Eclipse symbol area.
Note
Short target hit. Get on the long side.Note
Long target hit. Exit for profit.
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Posts Not financial advice.
Disclaimer
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Free Pro Multi Asset Trading Guide:
bit.ly/learnttm
Free Discord Secret Server:
discord.gg/tXAcxFVCJU
Posts Not financial advice.
bit.ly/learnttm
Free Discord Secret Server:
discord.gg/tXAcxFVCJU
Posts Not financial advice.
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.