S&P has insisted on continuing its upward trend and has stepped up its peak. In a previous analysis, it was predicted that the S&P would reach the H4 supply level, which it did.
Because the S&P has powerfully broken that level, it is expected the upward movement to continue after a pullback to the broken surface.
Let's not forget that the price started its movement from a weekly demand area, so it has targeted the weekly supply level.
This is a combined analysis based on "supply and demand", "technical perspective" and of course my experience. If you like it, please click the Like button and write your comments in the comments section.
Because the S&P has powerfully broken that level, it is expected the upward movement to continue after a pullback to the broken surface.
Let's not forget that the price started its movement from a weekly demand area, so it has targeted the weekly supply level.
This is a combined analysis based on "supply and demand", "technical perspective" and of course my experience. If you like it, please click the Like button and write your comments in the comments section.
