ssari

SP500 (Y20.P4.E2)Macro.Bullish channel

Long
ssari Mis à jour   
OANDA:SPX500USD   Indice S&P 500
Hi All,

From a monthly perspective, all looks bullish.
On the daily, there is a 2 scenarios, both are bullish:

a) a breakout to the upside from here and
b) more ranging movement in this area, chart below before breaking up to the upside. completing an elliot ABCDE symmetrical triangle of some sort.
Hence a medium macro bull flag or consolidation just under the main resistance.
Note: USD is more bearish tone than bullish in the short term. Chart below.

From a weekly perspective we have the following:

Daily chart, (a.chart)

Note: DXY, USD has pulled back recently which gives gains for stocks. Still in sync with my original post, link below

Please give me a like or tick for this posting;


Regards,
S.SAri
Commentaire:
G.Chart
Commentaire:
closed with a bullish candle on the daily
Commentaire:
breakout happened today.
Commentaire:
still upward pressure
Commentaire:

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