darth.stocks

S&P 500 : A game of Support and Resistance

Education
So, if USD$$$ is still King, it is reasonable to scale Indices on DXY… In Sep 17 we broke out of the 20 year long term channel and after 2 blowoff Top’s we immediately corrected to lower bound. Now we are reaching again the 20 Year resistance Zone, and since recent rally got out of steam we need to be aware that Correction Target is minimum 2550 and can extent to 1900.
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