Well we got a big a$$ green candle after the CPI.
The crash possibility is off the table, now lets see what the price to show us direction.
First yesterday's highs were taken, bullish sign.
The price must get above 3880ES and stay there, then it has a great chance of pushing up.
SPX main resistance is at 3905-07, closing above will get us to 3960 and ultimately 4010-20SPX.
Failing to close above 3880ES will fade the price down, can be a huge trap if that happens
The crash possibility is off the table, now lets see what the price to show us direction.
First yesterday's highs were taken, bullish sign.
The price must get above 3880ES and stay there, then it has a great chance of pushing up.
SPX main resistance is at 3905-07, closing above will get us to 3960 and ultimately 4010-20SPX.
Failing to close above 3880ES will fade the price down, can be a huge trap if that happens
Nota
Its a squeeze everything am today, cash open can push the price higherNota
ES support is at 3866-68Nota
Dont forget the crypto crash we just got. The price was driver up first making everyone bullish, you know what happened after
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.