SPX - Structure & Downside Targets
SPX continues to trend after failing to break resistance at $4200 (floor of H&S market top) - 4 touches on my count.
- Environment: Support for banks tricking folk into thinking there is QE. Analysts with Bearish scenarios are being shot down by critics.
Waiting for this market to make a decision - Value is to the downside, Bearflag TP would support the following targets - first stop $3300. TA at key Fib @2900, Stretch, $2800
Best, Hard Forky
Short Top
- Environment: Support for banks tricking folk into thinking there is QE. Analysts with Bearish scenarios are being shot down by critics.
Waiting for this market to make a decision - Value is to the downside, Bearflag TP would support the following targets - first stop $3300. TA at key Fib @2900, Stretch, $2800
Best, Hard Forky
Short Top
Note
Support held. Back up to resistance. Note
slight break of resistance Note
possible 4320 Note
4320 almost hit Note
4320 just hit 
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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.