Successful AB=CD reversal - 1945-1950 nearest support

FX:SPX500   S&P 500 Index
Successful AB=CD pattern initiated today's rally on $SPX             .
1945-1950 is key support now and the hourly 200 SMA line is what currently keeps $SPX             from breaking higher.
Towards GDP - Potential pullback towards 1945 or breakout towards 1980 and 2000.
I'd place stop loss below the 50 SMA line (hourly)

If you want to learn more -
Yesterday's AB=CD setup -
seen your analysis yesterday, nice job!
themarketzone PRO riccardo.pradella
Thanks, yesterday's analysis (aggressive C entry) didn't work, but when $SPX provided this bullish AB=CD pattern I had to try again. Wasn't easy though..
+1 Reply
riccardo.pradella themarketzone
ahah i see, anyway, finally.... ;)
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out