PontusTrader

SPX on last ditch support

PontusTrader Mis à jour   
OANDA:SPX500USD   Indice S&P 500
Not looking good here, I want to have this in my history as I cannot believe we are going to break down from it.

Still feels like too obvious and a bear trap, we shall see.
Commentaire:
Still think this is a bear trap - they are selling right outside lower 12 hour bollinger band - bears are over extending themselves here and exposing their flank.
Commentaire:
Weekly defended. Huge bull flag on hourly coming up for a breakout.
Commentaire:
Strong resistance here, but with this 4hr bull flag we can pop over this resistnace line (red) from Oct 29 - if we do that, get ready for a huge relief rally
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