markrivest
Long

SPX intraday Horizontal Triangle

SP:SPX   The S&P 500 Index
47 0 2
The SPX             appears to be forming an Elliott wave Horizontal Triangle.
There are a cluster of four Fibonacci coordinates in the area of 2131 - 2133.
This represents powerful support.
A break blow 2129 will open the door to test the bottom made on 9/9/16 at 2119.12.
A break below 2119.12 could be very bearish .

The most likely scenario is that the SPX             bottoms in the first trading hour of 9/21/16 at 2131-2133 zone and then rally for the new few weeks to a new all-time high.
United States
United Kingdom
India
Deutschland
France
España
Italia
Polska
Türkiye
Россия
Brasil
Indonesia
Malaysia
ประเทศไทย
Việt Nam
日本
한국
简体
繁體
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out