The SPX 500 Pullbacks for the sixth time since 11th June 2020 and now seeks support at 4267 (Weekly Supertrend).
SPX is short 4hr at 4417 on 280921 and short Day charts at 4439 since 170921
Weekly pivot support at 4267 will serve as strong support for this pullback
The daily ichimoku cloud SSSA line has served as the buy area for pullback for 16 months since the uptrend started
LONG TERM UPTREND since 011220
MEDIUM UPTREND since 010620
SHORT TERM PULLBACK since 170921
PIVOT 4539
Short positions below 4539 for 4267 and 4107
Long positions above 4539 targets new all time highs
SPX is short 4hr at 4417 on 280921 and short Day charts at 4439 since 170921
Weekly pivot support at 4267 will serve as strong support for this pullback
The daily ichimoku cloud SSSA line has served as the buy area for pullback for 16 months since the uptrend started
LONG TERM UPTREND since 011220
MEDIUM UPTREND since 010620
SHORT TERM PULLBACK since 170921
PIVOT 4539
Short positions below 4539 for 4267 and 4107
Long positions above 4539 targets new all time highs
Quant Strategic Singapore