On SPX we would have a high probability of seeing the market go up as shown in the chart if and only if resistance (01) and resistance (02) and in addition to the vwap indicator are broken forcefully by a large green candle and followed by a large green volume. All of these conditions must be met before this happens.
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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.