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JZ_Trading
Aug 12, 2019 11:44 PM

SPX Analysis 

S&P 500SP

Description

Very interesting where yesterday's session has closed! Price action is locked between the 50% Fib retracement long level of the shorter intraday time frame i.e. 15 minute chart and between the 50% Fib retracement level long of daily time frame, while on the daily time frame the opposing short has been traded and price moving to it's -123% target to close some of the gaps below.

Quite tricky that makes us traders confused which direction market will go.
Comments
Shiloh777
Thanks much.
Shiloh777
Wow, have not seen this before, how accurate is it?
JZ_Trading
@Shiloh777, I study the markets and customized a trading plan that fits me; the simpler the better. I believe anything can happen because the market is always right
blaq
How do you make a simulation for that prediction? Why tool?
blaq
@blaq, what*
JZ_Trading
@blaq, click on the 7th icon menu bar on the left side of the screen and choose "bars patter".
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