FxWirePro
Long

S&P500 forms double bottom at 1935, jump till 2000 is possible

FX:SPX500   S&P 500 Index
365 2 4
Major support -1935

The index has made a low of 1935 and slightly recovered from that level. Intraday trend is slightly bullish as long as support 1935 holds.

S&P500             broken minor trend line resistance 1963 and jumped till 1968. It is currently trading around 1957.

Major resistance is around 1980 and break above targets 1990/2000.

Short term trend reversal only above 2030.

On the lower side major support is around 1935 and break below targets 1920/1900.

It is good to buy at dips around 1950-55 with SL around 1935 for the TP of 1980/2000.
haha!! jump til 2000 :)
Reply
That was hilarious - But i'll be constructive.

What should have been fleshed out was something more like: "IF we break Above 1975, THEN we go to 2002"
Reply
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
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