Tradeciety

Back to the top of the range

SP:SPX   S&P 500 Index
5
After the double bottom that printed after a Bollinger Band spike and a momentum divergence, S&P trended higher very strongly.

1950 is the top of the range. 1975 - 2000 is a supply zone most investors will keep a close eye on.

Entering now would be premature as we are in the middle of a zone, but if price makes it to the top, we could see another high probability entry.

I have been trading for 15 years!

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