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sJudge
Feb 3, 2019 3:40 PM

S&P "V" 

S&P 500 index of US listed sharesFXCM

Description

S&P has reached a lot of resistance here at 2710 (fib, MA100) with 5 waves up (small 5th wave). If we break above the 2710 area and the MA200 @ 2743, the next stop is 2812 (fib) and the top of the "V" pattern we are currently in.

Comment

2812 finish line is in sight. Will look for possible change in direction there.

Comment

Target reached. Bearish pinbar at 2813.

Comment

And 2813 again.
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