quantguy

Stocks Drift Upwards

quantguy Aktualisiert   
FX:SPX500   S&P 500 Index
The S&P 500 has drifted upwards, and is currently testing 4389. At the time of this writing it has barely broken through, hovering in the 4390's. The next target will be 4408. If we can muster the strength to hit that, then 4440 is the next target, a relative high before a vacuum zone to 4462, but we have several levels before 4440, so watch for some resistance before that, unless we get some serious momentum at open. If not, we could retrace back to 4327. The Kovach OBV has started to inch upwards, but the momentum appears weak, so the risk is more to the downside.
Kommentar:
As predicted, stocks break out into that cluster of levels in the 4400's

Join my discord at discord.io/quantguy
Haftungsausschluss

Die Informationen und Veröffentlichungen sind nicht als Finanz-, Anlage-, Handels- oder andere Arten von Ratschlägen oder Empfehlungen gedacht, die von TradingView bereitgestellt oder gebilligt werden, und stellen diese nicht dar. Lesen Sie mehr in den Nutzungsbedingungen.