samitrading

SPX's Channel's Minimum targets calculation, if this plays out.

samitrading Actualizado   
SP:SPX   El Índice S&P 500
101 Channel's analysis.
Comentarios:
3970 is getting close by, our first target.
Comentarios:
Blue line target reached 3970.08 . Next target 4025 as of today, probably "In Progress" we just need to break out of the blue channel..
Comentarios:
First time rejection from the Blue channel's upper line, is quite normal. With out bias with out emotion 101 price behavior.
Comentarios:
Our Blue wave channel , is becoming stronger 2 rejections so far !!!
Comentarios:
The Blue channel is 'Gaining" strength this would be our third time trying to break out from it.
Comentarios:
Still the Blue channel is in control, we need to break out of it for any further bullish moves.
Comentarios:
Text book style .
Comentarios:
Second day below the channel's line is not good. We need to push today upward above the line. Click the play button for more data.

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