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Market_Wizzard

Master 1D Chart Analysis: More Upside is coming

Long
Market_Wizzard  
CME:SP1!   None
Chart Patterns Trend Analysis S&P 500 (SPX500) SPDR S&P 500 ETF (SPY) stockmarketanalysis futurestrading
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chartpattern trendanalysis spx500 spy stockmarketanalysis futurestrading
Hi, guys!

Master (Pure) Charting Analysis: no indicators, no fancy drawings; only Pure Logic and 10 years of Experience.

* SP500 consistently rising on strong fundamentals, favorable ambient background and inflow of cheap money into the stock market.
* There are no technical signs of bullish attenuation or weakening yet .. until we see the Volumes are being exhausted at some level over a prolonged time interval.

Trade Signal

Long for a new ATH.
Target: 3100.
Stop-loss: 2950.

Risk/Reward: 4:1

GOOD LUCK!

Yours,
Market Wizzard

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