07/12/2020 #SPX500 Bullish bullish bullish

OANDA:SPX500USD   S&P 500 Index
What's new? Nothing matters as long as liquidity is there

But price is over-extended (nothing new too) and market structure is weak.

Thus my blue bias zone is not low but high.

Bullish above 3706. Targeting 3720, 3729 and 3740.1 should cap high of day. 3761 is a super strong higher level R.

Below 3697 be cautiously bullish , targeting 3687-89. If zone breaks, 3677, 3662.7, 3652.3-54, 3637.5 are the levels below. 3630 should cap low of day and below 3624 is another support.

If you don't want to short, just go long as any of the support zones. 3677 should be the stronger one .


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