SatoriTrades

SPX - Quick Look

Short
SatoriTrades Updated   
SP:SPX   S&P 500 Index
My guess is it'll hit resistance at 2800 or 2872 areas. If 2800 resists look for the pull back to 2724. If 2872 resists look for the pull back to 2800. NOT financial advise.
Comment:
NOT financial *advice
Comment:
UPDATE: SPX giving us that wonderful maxing out price action. Struggling with 2800 resistance keep looking for the pull back to at least 2724. Honestly though guys, its clear to see we've lost trend on the monthly so we are transitioning into a down trend. It could catch a bounce at 2724 that will try to test 2872, unlikely though. But hey, don't take my word for it, I'm a degenerate. NOT financial advice.
Comment:
Not much to update. Looks like its headed downwards after fighting with 2800. Technically (in my eyes) we have a proper test of 2762.74 area, so dont panic if this thing starts to pump just a bit. I'm still looking at 2724.27 level. Trade safe guys.
Comment:
$$$ NAILED THE 2724 LEVEL, just kissed the bad boy. I hope you all took profits on that one $$$. Nice bounce to test 2001. Im personally reloading at the level and looking for the retest of 2724. Trade safe ladies and DEGENTS! NOT FINANCIAL ADVICE.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.