Indice S&P 500Long
SPX: Sept, week 1 inclined turn n burn
Scenario Analysis:
market has potential to retrace back to 5620 area = (-0.52%) retracement,
Market has potential to continue inclinging around 0.64% @5670 (just under last month high) /5680 area where bulls will see new high, then a retracement maybe
Retracement expected to be 35% - 40% support area @5637.43, and 5629.71
May see stagflation (W) price-action potential opportunity
(Week 2 of sep)
may see close to 2.00% Incline or decline after retracement (expect incline)
Objective & Targets:
follow incline by 0.64% prepare for possible retracement thereafter.
Support & Resistance Levels:
Support: 5629.61, 5648.39, 5616.24
Resistance: 5668.64, 5658.15, 5683.48
market has potential to retrace back to 5620 area = (-0.52%) retracement,
Market has potential to continue inclinging around 0.64% @5670 (just under last month high) /5680 area where bulls will see new high, then a retracement maybe
Retracement expected to be 35% - 40% support area @5637.43, and 5629.71
May see stagflation (W) price-action potential opportunity
(Week 2 of sep)
may see close to 2.00% Incline or decline after retracement (expect incline)
Objective & Targets:
follow incline by 0.64% prepare for possible retracement thereafter.
Support & Resistance Levels:
Support: 5629.61, 5648.39, 5616.24
Resistance: 5668.64, 5658.15, 5683.48
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Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.