On the 4H tf, the S&P 500 has been on a strong up trend, having an accumulation around 4260 and then distribution.
The trend seems to be very strong as we can see slight retracement to the 0.78 fib level, the volume profile's POC & H4 demand zone.
If all goes technically, the S&P 500 would get to 4700 in subsequent hours.
The trend seems to be very strong as we can see slight retracement to the 0.78 fib level, the volume profile's POC & H4 demand zone.
If all goes technically, the S&P 500 would get to 4700 in subsequent hours.