SPX trades between two major anchored VWAPs and aims to retest the long term uptrend around the 200 Day Moving Average.
Downside is limited as of now, as sellers exhausted the move in the last days.
Aiming for the 6500 to 6600 area in the coming days or weeks.
Downside is limited as of now, as sellers exhausted the move in the last days.
Aiming for the 6500 to 6600 area in the coming days or weeks.
Trade closed: target reached
That was a quick, but no surpriseclose long at 6608
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.