Mulakan
the_sunship

SPX update - watch for a weak bounce

Indeks S&P 500 (OANDA:SPX500USD)  
the_sunship Telah dikemas kini   
OANDA:SPX500USD   Indeks S&P 500
Technical Indicators Chart Patterns Harmonic Patterns
21
2
indicator chartpattern harmonicpatterns
I think the downtrend is done for a while regardless of how this closes today. The rsi needs to reset and a weak bounce for a few weeks would make sense. 4450 area would be an ideal bounce target, but the RSI will tell us when it's time to short again.

Good luck!

Komen:
Target area reached (18 ma weekly) overnight. If they can't rally here, then the 18ma will become resistance on the way back up when it happens.
snapshot
Komen:
ok so it bounced but it's still in this downward channel. Needs to break out of that.
snapshot
Komen:
IWM outperforming. Even if there is one more low I think the bounce comes next week. Similar head and shoulders pattern forming here.
snapshot
Komen:
channel test again, nothing has broken out yet. Hard to say how Monday is going to look.
snapshot
Komen:
still no break at close
snapshot

Idea Berkaitan

the_sunship
Weekly Preview - SPX, Gold, Bonds, BTC
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.