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UnknownUnicorn180388
Apr 12, 2018 9:31 AM

SPX - 2200 Expected ( Breakout Required ) 

SP:SPX1D
S&P 500SP

Description

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SPX
Time Frame: Monthly, Weekly, Daily & 4hr
Predicted Direction: Short ( Breakout Required )

SPX updates will be available in the comments section below.

The brief trade analysis presented above is my predicted direction and requires multiple different indicators and confluence factors prior to validating a trade opportunity.
Trend AnalysisChart PatternsTechnical IndicatorsukforexsignalsS&P 500 (SPX500)SPX (S&P 500 Index)
Comments
airswimmingape
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Looking like you might be on the money Tom...:)
UnknownUnicorn180388
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@peterhowitt, We will see if it presents an opportunity :-)
Thanks for the message.
Acel
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It seems bullish short term.
UnknownUnicorn180388
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@Acel, I agree, it's likely price could test 2740
Acel
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@tomhall, i havent charted it but you can check my DJI idea. Probably thats the value for the SPX.
varilosa
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Fully supporting short on S&P!
UnknownUnicorn180388
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@MrAlvaEuler, Appreciate the message, i hope all goes well your end.
bigfry
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I think it makes no sense to short this until it goes up a bit more. Otherwise you are basically shorting support and that usually doesn't work.
UnknownUnicorn180388
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@bigfry, Please note this is a breakout play, should price breach previous support then there is an opportunity available.
bigfry
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@tomhall, Oh I see, I agree with you on that yes :D
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