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Duffy08

9s Galore on SPX

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S&P 500 Index (SP:SPX)  
Duffy08 Uppdaterad   
SP:SPX   S&P 500 Index
Support and Resistance Multiple Time Frame Analysis Double Top or Bottom S&P 500 (SPX500) tdsequential tdsetup
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supportandresistance mtfa doubletoporbottom spx500 tdsequential tdsetup
SPX @ critical level on weekly chart while also flashing a Weekly TD ell Set Up.

If orange line (last top) fails to be taken out this week (weekly 9) then at least a short-term correction likely.

Daily chart below shows how a completed Sell Set-Up failed to take out the orange line so far this week with today on watch for a color flip to a red 1 on the Daily.

snapshot

Should yesterday's high hold through tomorrow's close...I'll return to this post with potential downside scenarios.

www.tradethe9s.com
Kommentera:
expecting to finish this TDBuy SetUp on Daily Chart.
If it comes below the orange line (little over 1% drop from here), then that keeps the Monthly count to a TDBuy SetUp in tact.

snapshot
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