#SPX has broken above the Cup and Handle pattern, and based on the RSI, there's a high probability it may retest the neckline once again, which now serves as a support zone.
📌 In case of a bounce from this level, the potential upside targets are:
🎯 $2.3693
🎯 $2.7724
🎯 $2.9829
🎯 $3.2852
🎯 $3.8514
⚠️ As always, use a tight stop-loss and apply proper risk management.
📌 In case of a bounce from this level, the potential upside targets are:
🎯 $2.3693
🎯 $2.7724
🎯 $2.9829
🎯 $3.2852
🎯 $3.8514
⚠️ As always, use a tight stop-loss and apply proper risk management.
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.
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.