Indice S&P 500Mis à jour SPX support quite weird but easy to see compared to gold
last month I learned about a new way to determine the support,
because this year it is really weird to determine resistance support.
Looks like this not only happens in gold, but also in SPX
SPX using the previous small body candle as the next support
especially the red candle (I circle the candle)
I will show the fibo later because this week I also see fibo could be more easy to use than expected
because this year it is really weird to determine resistance support.
Looks like this not only happens in gold, but also in SPX
SPX using the previous small body candle as the next support
especially the red candle (I circle the candle)
I will show the fibo later because this week I also see fibo could be more easy to use than expected
Note
so this week, I saw that FIbo actually like to use 0.5 incrementI already mark all 0.5 increment, I like to see my TA in gold work on other chart too... nice
Note
but I never realized it was quite that simple, usually fibo like 0.382 or 0.618TBH I blame robot trading still not smart in math yet, so everyone agreed to set their robot trading by 0.5 increment
just my opinion
Note
waiting support retest still far away
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