SPX COMPLETED IT'S DOWNTREND PATTERN, AND ITS TRYING TO REVERSE
SUP TRADERS
SPX is trying to make a reversal happen. Check out the 10min charts .
Strong ABC patterns indicating that it will look for at least $4537.69 at a minimum.
Price actions above 4318.22 we’re gonna moon to 4537.69.
Be mind if SPX loses 4222.62, it look for a bounce level near 4202.32
My entries? I will be looking for a consolidation and break out period. My entries for a long position would need to be when the 9EMA crosses below the 20MA on the 10min.
And I’d load up on OTM 4535 calls. 0DTE and weeklies.
I envision it coming to touching the gray area 1 and if it comes to gray area 2 I’d load up on some more.
SPX is trying to make a reversal happen. Check out the 10min charts .
Strong ABC patterns indicating that it will look for at least $4537.69 at a minimum.
Price actions above 4318.22 we’re gonna moon to 4537.69.
Be mind if SPX loses 4222.62, it look for a bounce level near 4202.32
My entries? I will be looking for a consolidation and break out period. My entries for a long position would need to be when the 9EMA crosses below the 20MA on the 10min.
And I’d load up on OTM 4535 calls. 0DTE and weeklies.
I envision it coming to touching the gray area 1 and if it comes to gray area 2 I’d load up on some more.
Comment:
Be mindful**