25/11/2020 #SPX We are going to Pluto!

OANDA:SPX500USD   S&P 500 Index
Upmove continues, thus I shall stop my bearish view (on Twitter ). My view means nothing, just follow my trade plan and you will do fine.

Based on price action, I do expect a re-tests of 3616 and even 3588. That is only healthy. But market doesn't care so blindly buying is the good thing to do.

My bias zone is at 3638-41.2. Above R are 3664, 3673-77 (strong R and ATH ) and 3686. With another vaccine news, we might see 3722 but well, just saying.

Below 3638, I will look to short to 3616-22, 3600.6, 3590.2, 3582. In the event of a strong sell, we might see 3560. Yea, wishful thinking.

I may take scalps along the way today, but nothing major till 3638-41.2 trades.


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