hankchef

SP approaching a possible top

FX:SPX500   S&P 500 index of US listed shares
New observation: Daily candles penetrated Bollinger band , if lack momentum , a retrace is probably.

I refrain to predict the exact top, my plan is to trade with tight stops on every possible support/resistance and lower timeframe fib levels.

Potential targets above are 2106.6, 2116.1, and >2130.
2101.1 and 2095.1 need a revisit tomorrow according to MEJT targets produced today.
(https://www.youtube.com/watch?v=tZKQeVkeJBE)
Looking for a touch of higher 2106 tomorrow and possibly some retrace, but WRT the bullish bias, it's still possible we take out today's high and continue the rally.

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