SPX is approaching our first support at 2591 (horizontal swing low support, 100% Fibonacci extension) where a strong bounce might occur above this level, pushing price up to our major resistance at 2709 (horizontal pullback resistance, 100% Fibonacci extension, 38.2% Fibonacci retracement).
Stochastic (89,5,3) is also approaching support and we are seeing a bullish divergence where we might see a corresponding bounce in price.
Stochastic (89,5,3) is also approaching support and we are seeing a bullish divergence where we might see a corresponding bounce in price.
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👉👉 Join The OFA Inner Circle:
📓📓Learn Order Flow like a PRO:
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🧑🏫🧑🏫 Author of the #1 Order Flow Script:
tradingview.com/script/WhQSEfKT-OFA-Order-Flow-Analysis
📧📧 DM me if doubts (100% response rate)
📓📓Learn Order Flow like a PRO:
ofa-course.com
🧑🏫🧑🏫 Author of the #1 Order Flow Script:
tradingview.com/script/WhQSEfKT-OFA-Order-Flow-Analysis
📧📧 DM me if doubts (100% response rate)
Related publications
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.