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tobalxd

Possible next move in SPX

S&P 500 Index (SP:SPX)  
tobalxd  
SP:SPX   S&P 500 Index
Trend Analysis Chart Patterns Technical Indicators S&P 500 (SPX500) SPX (S&P 500 Index) USA marketanalysis stockmarketanalysis patterntrading pattern LONG short
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trendanalysis chartpattern indicator spx500 spx usa marketanalysis stockmarketanalysis patterntrading pattern long short
Hi everyone.

Today I'm gonna talk about SPX. In this moments the price have 2 posibilitties:

Option A: We have a double bottom pattern and the price will go to the level of pattern and then we need to wait a intentional canddle who confirms the change pattern. In this point it's good enter to long (more risk)
  • Option B: The price will go to te resistance and then will fall to the support (here we can enter with a short). In the support we need to wait if the price will go down or bounce to the resistance again
    (good opportunity to enter long)



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