A Day chart short signal is in play at 4599 on 261121 with the target of 4388.
4388 is the supertrend support on the weekly charts which has provided buyers on the dips for the past 6 corrections since 020321.
4508 is the week tenken (fast moving average) support in the medium term.
The long and medium term trend of the SPX is still uptrend and bullish till 4388 is tested and broken to the downside.
PIVOT 4771
Short positions below 4771 for 4508 and 4388
Long positions above 4771 for new All Time Highs
4388 is the supertrend support on the weekly charts which has provided buyers on the dips for the past 6 corrections since 020321.
4508 is the week tenken (fast moving average) support in the medium term.
The long and medium term trend of the SPX is still uptrend and bullish till 4388 is tested and broken to the downside.
PIVOT 4771
Short positions below 4771 for 4508 and 4388
Long positions above 4771 for new All Time Highs
Quant Strategic Singapore