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S&P 500 Index
Long

S&P500 IN BULLISH WEDGE TO RETEST H4 BULLISH ORDER CANDLE!

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After the short term bullish rally above 4180, S&P500 then fell into corrective mode forming H4 bullish wedge in the process. Will this correction stays this simple "WXY" or develop into a more complex outlook in the future? For now, price is likely to retest the bullish order candle & if this is found to be strong enough, then the simple structure stands else, we might see the index decline further 39K as projected in our post of 23/01/23 shown below...


N.B!
- S&P500 price might not follow drawn lines . Actual price movement may likely differ from the forecast.
- Let emotions and sentiments work for you
- ALWAYS Use Proper Risk Management In Your Trades

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S&P500 BULLISH MOMENTUM LIKELY TO PROPEL INDEX ABOVE TRIANGLE!
BullBearMkt
Smart Monies trade on Emotions and Sentiments. Let them work for you in taking calculated risks...

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Also on:
Economic CyclesS&P 500 E-Mini FuturesFractalsp500indexSPX (S&P 500 Index)S&P 500 (SPX500)Support and Resistance

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.
Economic CyclesS&P 500 E-Mini FuturesFractalsp500indexSPX (S&P 500 Index)S&P 500 (SPX500)Support and Resistance
BullBearMkt
Smart Monies trade on Emotions and Sentiments. Let them work for you in taking calculated risks...

-YouTube Channel: @bullbearmkt331
-Telegram: t.me/BullbearMkts
Also on:

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.