HenryHernandez
Long

SUPER BULL!!! I just love today #SPX500 Movement!!!

FX:SPX500   S&P 500 index of US listed shares
Almost back to the downtrend channel that started in October 2015! Today we broke the difficult 1949.9 level, our next resistance level should be in 1970.
spx curl and crumble around 50 dma. look for buying failure at 1957.46 tomorrow or monday.
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Great chart, Are you not concerned that the previous support in the in the previous downtrend channel could now become resistance? I am referring to the 1955 mark
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HenryHernandez LachlanGorman
It was a concern! so I had an small bet on SPY expecting to that to happen... Now with the movement on premarket we are in the channel, I might increase my position that was open on SPY @ 194.44 with an stop loss outside the lower part of the channel.....
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