SPX--> did i told u all the future yesterday (check my charts)

As you can see today SPX formed a engulfing green candle in beside red one. However nothing can be said as per now. If we look at technicals then spx is forming an ascending triangle pattern which if broken will lead to rally. I feel that market will consolidate around this level but asending triangle breakout will happen soon, . Market today went to 3997 and then selling started but overall it eneded in bullish candle which indicate bulls are still in control

There are 2 ways market can go either consolidate at this level and a bullish triangle breakout or a lillte bit advance each day till approx 4000 level.



Dont forget to check my other charts

Ideas are for education and entertainment not a trading advice