SPX500 encountered some pressure before 2600, and it may form a bullish bat pattern.
It could create solid long opportunity, while an at least 30 min reversal sign is required (like the hammer yesterday).
Overall, a pull-back before 2600 is more than reasonable and expectable, but compared to a short off resistance, I'd more like to long the pulled back!
Let's see how it goes!
It could create solid long opportunity, while an at least 30 min reversal sign is required (like the hammer yesterday).
Overall, a pull-back before 2600 is more than reasonable and expectable, but compared to a short off resistance, I'd more like to long the pulled back!
Let's see how it goes!
