Two potential pattern have formed on the SP500 index of listed shares
SPX
,
a double bottom, with a target in the 2085.7 area and a bullish H&S pattern, with a target in the 2098 area.
SUGGESTED ENTRY 2071.3
SL: 2063.4
TARGET 1: 2085.7
TARGET 2: 2098.1
R/R TO TP2: 1/3.39
SPX
, a double bottom, with a target in the 2085.7 area and a bullish H&S pattern, with a target in the 2098 area.
SUGGESTED ENTRY 2071.3
SL: 2063.4
TARGET 1: 2085.7
TARGET 2: 2098.1
R/R TO TP2: 1/3.39
Comment:
Double bottom target reached