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SPX LOOK LONG..

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On the Recent SPX rally we are now looking to Get long on the current dip.

We previously looked for a fall to which we have exited today. This was due to Strong Resistance and price Rejection around the .618 FIB area.. Now, the move changes to the longside on the current fall to some Reasonable support.

The news Today around Productivity and jobs has not affected the SPX with too much Impetus. Prices remain Subtle and ready for entry as Market sentiment changes.

We can look long at the current support level for a move up away from Key MA’s for a continuation move in uptrend. We will look to exit towards our PREVIOUS short zone..

We will Look long around the 4485 Level area with our Exit noted by the upside Eclipse symbol area.
Nota
Short target hit. Get on the long side.
Nota
Long target hit. Exit for profit.

Penafian

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