JabezDolz

Running Flat within a Developing Running Flat

Long
OANDA:SPX500USD   S&P 500 Index
Let’s see if this RF at 15 mins can develop into a completed RF at 2-4 hour intervals.

Target 1 4600, target 2 4650

Has trendline support here at old resistance that developed during pullback, rsi over done to downside near term look for it to retrace to its own moving average and the stochastic to begin cycle up from here.

Those mechanics will move the price to the expected levels and we will have a bullish base to move higher than 4650
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