Something to keep an eye on.
Top of potential channel formed from support (teal lines) breaking (red line) and becoming resistance (pink lines). Channel formed by former support line and December’s low. Notice the bounce off middle of channel. Simple and smoothed MACD turned downwards.
Top of potential channel formed from support (teal lines) breaking (red line) and becoming resistance (pink lines). Channel formed by former support line and December’s low. Notice the bounce off middle of channel. Simple and smoothed MACD turned downwards.
Note
Published this via mobile. Lines and channel properly lines up prior to publishing, or at least they appeared too. TV should improve charting for mobile. Hopefully my point still gets across despite things being askew.Note
I need to give up using TV mobile. Here’s what chart should look like. Note
Note
One step further to show intersection of fib, channel, and resistance line. Note
For Spx500 but still applicable. 
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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.