Hello everyone, if you like the idea, do not forget to support with a like and follow.
SP500 made a new high yesterday and it's looking to make new ones until the Friday closure.
We are heading to 1.618 fib level after breaking the middle line of the channel.
A breakage of the 1.618 level will take us to retest the upper trend line of the channel.
EMA100 seems to holding nice as a support and MA200 yet to be touched from November.
Overall very bullish but until when ?
Beyond technical levels, the S&P 500s already bullish backdrop has strengthened on the start of April and all technical trends continue to point higher.
I will updating this idea, stay tuned.
Thank you for reading my post, have a great day, wish you all the best !
Information provided is only educational and should not be used to take action in the market.
Feel free to ask anything in the comments :)
SP500 made a new high yesterday and it's looking to make new ones until the Friday closure.
We are heading to 1.618 fib level after breaking the middle line of the channel.
A breakage of the 1.618 level will take us to retest the upper trend line of the channel.
EMA100 seems to holding nice as a support and MA200 yet to be touched from November.
Overall very bullish but until when ?
Beyond technical levels, the S&P 500s already bullish backdrop has strengthened on the start of April and all technical trends continue to point higher.
I will updating this idea, stay tuned.
Thank you for reading my post, have a great day, wish you all the best !
Information provided is only educational and should not be used to take action in the market.
Feel free to ask anything in the comments :)
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Haftungsausschluss
Die Informationen und Veröffentlichungen sind nicht als Finanz-, Anlage-, Handels- oder andere Arten von Ratschlägen oder Empfehlungen gedacht, die von TradingView bereitgestellt oder gebilligt werden, und stellen diese nicht dar. Lesen Sie mehr in den Nutzungsbedingungen.