Get started
holeyprofit

SPX reaction to March 2020's 161 - Follow up and forecast

Short
S&P 500 Index (OANDA:SPX500USD)  
holeyprofit  
OANDA:SPX500USD   S&P 500 Index
Trend Analysis
7
0
trendanalysis
SPX has retested the 161 of March 2020. Here was the first test.
SPX retesting the 161 of March 2020 after a break

Last month's big bull candle closed right on this level. Now we're trading a bit above it. If the 161 reversal theory is going to hold true, bears have to reject this attempt above the 161 and the following break of the big bull candle produce a strong fall.
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.