themarketzone

Testing lows again - Two buy zones

Largo
FX:SPX500   Índice S&P 500
$SPX just reached 1900 again and completed a 61.8 Fib retracement when it touched 1890.
This minor support zone could be enough to push $SPX back up towards 1920 to test the top of the resistance zone.

Just in case that $SPX will decline lower to re-test 1870-1880 support zone, it will provide an even better reason to try and speculate on a bullish move as it will complete a bullish Bat pattern.

2 buy zones - 1890-1900 and 1870-1880.
Short term targets - 1910, 1920
Longer term targets (only if the price will close above confirmation level - 1920) - 1950, 1980, 2000


Exención de responsabilidad

La información y las publicaciones que ofrecemos, no implican ni constituyen un asesoramiento financiero, ni de inversión, trading o cualquier otro tipo de consejo o recomendación emitida o respaldada por TradingView. Puede obtener información adicional en las Condiciones de uso.