quantguy

Can Stocks Breakout??

Short
FX:SPX500   Indice S&P 500
The S&P 500 has gradually trended up, suffering from low liquidity and thin trading from the holiday yesterday. We are encroaching upon the lows of the value area from last week. The small uptrend appears weak, and if we don't see momentum come through at the open, then we will surely dump to lower levels, with 3676, 3658 or 3645 likely targets. If we are able to break out then 3825 is the next target. The Kovach OBV is trending bullishly, but make sure momentum is confirmed at open before entering a long position.

Join my discord at discord.io/quantguy
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.