sophia715

DVG + LVL

Short
sophia715 Updated   
OANDA:SPX500USD   S&P 500 Index
-no trade yet
-best situation is tag of circle and 2600
with a crossing down over 2597
-2nd best is sideways drop last hour.
-those bands of resistance would have to hold
-algos are very frothy - liquidity still horrible, choosy on trades

-bulls will get a breakout if price BUILDS on top of 2597 and chops lightly
Comment:
tagged bottom of channel.
tomorrow weakness play but could be later and not worth the sideways here
take profit or protect - on overnights I prefer to exit all
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.