themarketzone

Bullish pattern completes right on the top of support zone

FX:SPX500   Indeks S&P 500
Yesterday's winner was the bearish Bat I posted here that sent $SPX from the trading range top (2110$) to the bottom of the range today (near 2070$).
Now we have a bullish pattern towards tomorrow's NFP.
Completion near 2070$ and potential targets are 2080$, 2088$ and 2100$.
Notice that we are really close to the 200 SMA line (see on daily chart).

Notice - This is short term setup, just like yesterday's setup.
I'm bearish $SPX and tomorrow might be the day that will send $SPX below 2060$ .. finally...
but a pattern is a pattern and I thought I should show you, in case you are a bull, seeking buying opportunities.



Penafian

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