ijboris

SPY going towards 307 halfway thru next week?

Long
CME_MINI:ES1!   S&P 500 E-mini Futures
Based on an AB CD trend and a possible price rejection at 302 means a slight downturn back to the old resistance of 297.5, which becomes a support and then a reversal climb towards the most recent swing high of 302 and then a bullish movement towards 307 after hitting 302.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.