Liquified-Trader

SPX Weekly Forecast Targets $4137

Long
I will be targeting $4137- $4150 from a weekly perspective. As any trader can see, price has broken above weekly resistance level that needs to be retested to gather daily momentum for a nice daily bullish impulse.

From a daily perspective, price has created a typical double top pattern which in most cases allows for the H4 to exhaust, I will be looking for easily identifiable exhaust patterns on h4 which include (impulse correction impulse)
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.