SP500 (Y20.P4.E2)Macro.Bullish channel
Hi All,
From a monthly perspective, all looks bullish.
On the daily, there is a 2 scenarios, both are bullish:
a) a breakout to the upside from here and
b) more ranging movement in this area, chart below before breaking up to the upside. completing an elliot ABCDE symmetrical triangle of some sort.
Hence a medium macro bull flag or consolidation just under the main resistance.
Note: USD is more bearish tone than bullish in the short term. Chart below.
From a weekly perspective we have the following:
Daily chart, (a.chart)
Note: DXY, USD has pulled back recently which gives gains for stocks. Still in sync with my original post, link below
Please give me a like or tick for this posting;
Regards,
S.SAri
From a monthly perspective, all looks bullish.
On the daily, there is a 2 scenarios, both are bullish:
a) a breakout to the upside from here and
b) more ranging movement in this area, chart below before breaking up to the upside. completing an elliot ABCDE symmetrical triangle of some sort.
Hence a medium macro bull flag or consolidation just under the main resistance.
Note: USD is more bearish tone than bullish in the short term. Chart below.
From a weekly perspective we have the following:
Daily chart, (a.chart)
Note: DXY, USD has pulled back recently which gives gains for stocks. Still in sync with my original post, link below
Please give me a like or tick for this posting;
Regards,
S.SAri
Nota
G.Chart
Nota
closed with a bullish candle on the dailyNota
breakout happened today.Nota
still upward pressureNota
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Telegram: t.me/TprospaTradersbot
This community has signals now but with no risk management comms.
Discord: discord.com/invite/vb4hbP88vb (TradeToProspa)
Telegram: t.me/TprospaTradersbot
This community has signals now but with no risk management comms.
Telegram: t.me/TprospaTradersbot
This community has signals now but with no risk management comms.
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