zakoraio

SPX did everything as per the plan, Where to now?

OANDA:SPX500USD   S&P 500 Index
I posted this chart just last week as part of my Major short setup going back weeks. Link to previous post in the description, please go through that setup to get the context.


This is going to be a short post, since everything is going as per the plan we just have to wait and watch, Price back to where I expect either a break below or bounce to continue higher.


So as per the plan If it's going to bounce now, I have highlighted two 30 mins demand zones. where I expect a bounce. Those two zones are also confluent with 0.786 and 0.886 fibs of the retracements.

Apart from this chart it pretty is self-explanatory.

Boost this post and leave me comment for any questions on this I'd be happy to explain.




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