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Dinesh_C_Nagpal
Nov 21, 2023 10:19 AM

S&P 500 

S&P 500SP

Description

Hello & welcome to this analysis

The index saw a super duper reversal from a Bullish Harmonic Bat in end October near 4100.

Now it has an immediate resistance coming up near 4600 where we might see some consolidation, above that it enters into the PRZ of a Bearish Harmonic Alt Shark near 4650 which could trigger some profit booking.

From 1 harmonic pattern (bullish) to another harmonic pattern (bearish)

Safe trading

Comment


its entering the PRZ of a bearish harmonic alt shark 4640-4660

Trade closed: stop reached

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