I have posted several bearish cases for SPX, now it's time to analyze the bullish case.
In the bullish case, SPX broke out of an inverse head and shoulder. We should see a retest of the neckline. If the retest is successful, we should see a continued move to the upside. On the other hand if we break to the downside, the bearish case steps in.
This is no financial advice.
- Work of pure fiction and magic.
In the bullish case, SPX broke out of an inverse head and shoulder. We should see a retest of the neckline. If the retest is successful, we should see a continued move to the upside. On the other hand if we break to the downside, the bearish case steps in.
This is no financial advice.
- Work of pure fiction and magic.