Momentum of SPX
The down momentum is less then the up move always in SPX.
From the current price of SPX the price will move little down till it's support, as there we can see a small resistance but strong.
After reaching its support the price can be bearish and move up.
In the chart price is moving slowly in up direction with little penetration towards down. This thing is happening in every steps of SPX.
The down momentum is less then the up move always in SPX.
From the current price of SPX the price will move little down till it's support, as there we can see a small resistance but strong.
After reaching its support the price can be bearish and move up.
In the chart price is moving slowly in up direction with little penetration towards down. This thing is happening in every steps of SPX.
Comment:
as i have written it has come to it's support and jump the price 3112. if the next candle price din't close below the current candle price Still the price will move up till 3134.
Trade closed: target reached