001011001010001110110

PUSH MOVE + BREAKOUT

Long
FX:SPX500   S&P 500 Index
4
Breakout without any real rezistence, we closing 2 consecutive green candles allmost 150 points.Targetting 2036-2045 area.This move could be a real surprise for bears ,they will have to cover fuelling more the move to the upside.They had allready predicted their short level @ 1970, so, many of them are short again at that level.The bad news is that they predicted the level a few time ago, so the smart money gave them their wick on the top as they expected.Big wicks on Monthly candles 2 month in a row.This month going in green after last week movements.We are in bullish mode above monthly pivot @ 1926 and weekly @ 1904.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.