ant187

SPX - Potential bottom in place - observe 2776

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ant187 Uppdaterad   
SP:SPX   S&P 500 Index
Morning traders,

We're witnessing a potential bottom forming.

Key points:

1) We broke the local 2766 resistance, watch for this to become support.
2) the "big" resistance zone will be 2776, this will be the tell
3) Indicators all support potential bottom bounce here
4) BIG money flowing back into semi's - somebody knows something

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Kommentera:
If this area breaks re-test of low is in order - currently resisted @ mid bb on hourly ES1
Order avbruten:
Looks like the bottom isnt in, would expect a gap down to 2740 on Monday if we close below 2754
Kommentera:
2752~55 new resistance
Kommentera:
If we close green today, safe to say short term bottom is in.

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