The SPX found buyers on the dip at the SSSA line of the Day Ichimoku cloud line and has generated a fresh buyers to produce a long signal at 4266 targeting new all time highs.
Fibonacci projections see the next target at 4425 (1.0) and 4666 (1.618) from the base of 4035 (0).
LONG TERM UPTREND SINCE 011220
MEDIUM UPTREND SINCE 010620
SHORT TERM UTREND SINCE 240621
PIVOT 4162
Long positions above 4162 targets 4425 and 4666
Short positions below 4162 for 3935 and 3746
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Fibonacci projections see the next target at 4425 (1.0) and 4666 (1.618) from the base of 4035 (0).
LONG TERM UPTREND SINCE 011220
MEDIUM UPTREND SINCE 010620
SHORT TERM UTREND SINCE 240621
PIVOT 4162
Long positions above 4162 targets 4425 and 4666
Short positions below 4162 for 3935 and 3746
youtube link
Quant Strategic Singapore