The SPX has Rebound of its intraday lows of the week on the 9th of Sep to the Kijun Sen on the 4hr charts at 3475.
This is a 50% retracement based on Ichimoku cloud indicators. Pivot will be at 3400. A close and hold above 3400 will test the Supertrend level at 3475 which is also above the SSSA line. A break below the pivot will see the retest of the week's corrective lows. The SPX is still on a medium term uptrend on the Medium and Long Term charts. A close a hold above 3475 into the purple trading area will resume the longer term uptrend.
This is a 50% retracement based on Ichimoku cloud indicators. Pivot will be at 3400. A close and hold above 3400 will test the Supertrend level at 3475 which is also above the SSSA line. A break below the pivot will see the retest of the week's corrective lows. The SPX is still on a medium term uptrend on the Medium and Long Term charts. A close a hold above 3475 into the purple trading area will resume the longer term uptrend.
Quant Strategic Singapore
