Hourly pattern worked, now we need a close above the 50 SMA
A small bullish Gartley managed to stop yesterday's decline and push $SPX higher to meet with the same line that he couldn't deal with yesterday.
If $SPX will close above the 50 SMA line, it could probably rally towards 2000 to meet the 200 SMA line and the 61.8 Fib level.
That's the final target level of the Bullish Gartley setup I've tweeted last night - twitter.com/themarke...s/636283710665457664
If $SPX will close above the 50 SMA line, it could probably rally towards 2000 to meet the 200 SMA line and the 61.8 Fib level.
That's the final target level of the Bullish Gartley setup I've tweeted last night - twitter.com/themarke...s/636283710665457664