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SPX gained another 3.01% last week. Our view last week was that there was the potential for price decline to 2800 which would be a good area to go long. However the Bulls are clearly still very aggressive in this market and so we did not get that retest. More importantly price was able to close above the important level of 3000. I believe we may get a drop in price before a BULLISH continuation, this view is also supported by a monthly gain of 3.57%. This week I will be looking to add further positions in key buying areas.
SPX gained another 3.01% last week. Our view last week was that there was the potential for price decline to 2800 which would be a good area to go long. However the Bulls are clearly still very aggressive in this market and so we did not get that retest. More importantly price was able to close above the important level of 3000. I believe we may get a drop in price before a BULLISH continuation, this view is also supported by a monthly gain of 3.57%. This week I will be looking to add further positions in key buying areas. 
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Penerbitan berkaitan
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.