Indeks S&P 500

Target Hit plus Analysis Update from previous SPX 1hr Sell

157
Note this is the initial analysis:

while waiting on daily pullback

this TF confirms solid reactivity on corrective move at 61.8 zone.
double top at 61.8 zone confirmed for a sell continuation to downside due to break of support between double top
ONLY enter for sell in entry zone between 38.2-61.8

this TF confirms sell for Daily TF when price reaches target area. what for entry at 80% zone in the red targeted area below, nice swing continuation to downside on Daily


UPDATE:
As indicated by blue arrow down, the sell target hit
As indicated by blue arrow right, price reacted at 80% of the zone and price target hit selling downwards with the direction of the red box

FURTHER ANALYSIS:
Price will sell down to 3600-3200 zone for potential buy up. see attached link

Penafian

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