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PerpetualLearner
Apr 22, 2016 6:34 PM

SPX500 can make a 10-20 point move from here Long

S&P 500 index of US listed sharesFXCM

Description

Based on my indicator that flashed green at 2086 I am expected at least another 10 point move from here. However as its a hourly indicator it may take until Monday to come into show up on price action.
Comments
ChartForTheWin
Totally agree but... more like a 30 point move!!!
PerpetualLearner
Thats could be right .... Infact the last time this scenario happened SPX was at 2040 just in verge of making an 50-60 point move. But this time the up move may be less pronounced as lot of bear will try to short as soon when SPX is closer to 2020
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