2 bullish conditions met:
- Price stoped at the reload support zone
- Rising green volumes
Wait for conditions:
- Price action
- Confirmed Div on RSI or MACD or Willy
- Price stoped at the reload support zone
- Rising green volumes
Wait for conditions:
- Price action
- Confirmed Div on RSI or MACD or Willy
Comment:
S&P is at the resistance zone today. (take some profit at the first target)
It will likely to go sideway before making the decision to break the resistance zone.
It will likely to go sideway before making the decision to break the resistance zone.
Comment:
Potential inverse H&S at play
- Gapped price action indicates that the price will most likely come back to test the Support Zone 1 again.
- Smaller green volume bars indicates weaker bulls.
- Watch out for 2785-2800 resistance.