Nice occasion to test the S&P-500.
A breakout may happened against the weekly Ma100 (blue), combined with the Boll-Band-High (grey).
Since September 2022 five (5) times this Ma100 was tested and the action failed to go through.
Major lines color: Ma18-21 (red), Ma100 (blue), Ma200 (orange), Boll-B (grey)
Strategy
- buy on the close over the Ma100, around 4250
- stop under 4060
- Lmt at the projection rectangles, combined with the last Hight of 2022 January around 4780
A breakout may happened against the weekly Ma100 (blue), combined with the Boll-Band-High (grey).
Since September 2022 five (5) times this Ma100 was tested and the action failed to go through.
Major lines color: Ma18-21 (red), Ma100 (blue), Ma200 (orange), Boll-B (grey)
Strategy
- buy on the close over the Ma100, around 4250
- stop under 4060
- Lmt at the projection rectangles, combined with the last Hight of 2022 January around 4780
Wyn-Trader