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jerryfc000
Dec 13, 2019 6:41 AM

SPX 500: #12122019 Will this continue? Long

US SP 500 CFDFOREX.com

Description

Nonetheless, the price has reached the new high and with such a big move, either side movement could happen. Let's see what will happen today closed.

I did mark the level of where it will go and anticipate the possibility of both sides.

Today range:
R1 3183.76
R2 3198.93
R3 3221.56

Decision Line: 3161.13

S1 3145.96
S2 3123.33
S3 3108.16



Trade active

13/12/2019 Market Closed at 3168.8. Which also hit the Monthly 1st-Target.

If the market continues higher, I personally look at these level for coming Monday session
Top 3201.1
Decision Line 3170.3
Bottom 3130.8

Comment

Comment

Last update Price has went upside and let's see what next. I anticipate the price will retrace for 23/12/2019 session.

Will we see 3200 / 3198?

Comment

The movement continued. The results speak for itself. The signal is now in the mid-term position and potentially for long term trade.
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