Buyers did a very Strong bounce from recent Lower Low. This might stop sellers from selling position at our first market resistance.
If buyers will not show enough powerfull momentum, then our second resistance for sell is out, and target for buyers is expected to third resistance level.
Our prediction for SP500 is that price has to break first resistance level, and after confirmation, we can see this as potential bullish order.
If buyers will not show enough powerfull momentum, then our second resistance for sell is out, and target for buyers is expected to third resistance level.
Our prediction for SP500 is that price has to break first resistance level, and after confirmation, we can see this as potential bullish order.
Note
FIRST target HIT
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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.