smart4trader

#SPX500 Review for August 27, 2019 (12:00 Moscow time)

FX:SPX500   S&P 500 Index
On Monday, August 27, 2019, despite its gap after Friday, it showed a significant increase in value and closed above the weekly volatility zone in the region (2866), which pretty well affected investor confidence and this could be observed according to the cumulative delta for all indices. On Tuesday there is support in the area of ??the weekly zone (2866) and also support for the area of ??the daily volatility zone (2852) is also relevant today. The goals for fixing purchases are in the area of ??the monthly volatility zone (2933)
http://skrinshoter.ru/i/270819/eFA9LSiU.png

Also on Monday, one could observe a strong directional increase in purchases on the NASDAQ throughout the trading session, as well as growth in the first half of the session on AMEX. The second half of the session at AMEX still went down, but this did not affect the price of S&P500.
http://skrinshoter.ru/i/270819/vWRTfMkz.png

The cumulative delta at Dow Jones and S&P500 was growing on Monday and this is evidence of a growing interest in shopping. Only the Nasdaq 100 index showed a downward trend in the second half of the session and continues to decline today during the European session on Tuesday. This may signal a possible correction for a number of indices and the optimal area for purchases on the S & P500 will be the area of ??daily volatility (2852), and there also passes the level of European stock market opening on Monday.
http://skrinshoter.ru/i/270819/xHMUDDv4.png


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