A swift evaluation is conducted based on a single day without look back.
SPX is currently in a bear trend.
Prices are trading in a range of approximately 124.68 points/ticks/pips per trade period.
Price strength is suggesting a possible follow on range of 3221.41 - 3375.51.
Prices are consolidating between 3209.45 - 3428.92.
If strength and trend continue, SPX is trying to reach 3377.58.
It could take between 1 to 2 trade periods to reach the projection.
Suggested stops in a Bearish environment.
Last Price + (ATR * 1.5): 3485.48
The trend moving average: 3298.46
SAR: 3582.2
------Additional Comments:
Standard Deviation for following week: 3121.10 -3475.82
Forecasted Range for following week: 3268.80 - 3424.10 (Targeted Mean = 3346.45 )
SPX is currently in a bear trend.
Prices are trading in a range of approximately 124.68 points/ticks/pips per trade period.
Price strength is suggesting a possible follow on range of 3221.41 - 3375.51.
Prices are consolidating between 3209.45 - 3428.92.
If strength and trend continue, SPX is trying to reach 3377.58.
It could take between 1 to 2 trade periods to reach the projection.
Suggested stops in a Bearish environment.
Last Price + (ATR * 1.5): 3485.48
The trend moving average: 3298.46
SAR: 3582.2
------Additional Comments:
Standard Deviation for following week: 3121.10 -3475.82
Forecasted Range for following week: 3268.80 - 3424.10 (Targeted Mean = 3346.45 )
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.