OANDA:SPX500USD   S&P 500 Index
Analysis :-

Overall momentum is clearly bullish judging by the higher timeframes.

For Longs :
For a buy to be validated we should anticipate a 1H continuation pattern past the last lower high at 3508.5 precisely .

Shorts :
For a short term sell (higher risk) we should wait for a continuation patter around the 3480 mark. If we get this we can take sell to 3439.8 precisely. Again the sell is of higher risk.

Warm regards,

Sunny Kumar

Comments

Great analysis
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@zub22, Thanks bro
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