S&P 500 - Its All in Patterns...
Updated
In our previous post we have seen a rounding top pattern.
Now a small rounding top is forming which creates a cup and handle pattern.
Support zone remains the same.
4415 - 4435 will act as the support if price fall.
This pattern will become invalid if it breaks upside and sustains above 4476 and fill the gap.
What you think? Gap filling or falling?
Give like and do comment to encourage the author.
Now a small rounding top is forming which creates a cup and handle pattern.
Support zone remains the same.
4415 - 4435 will act as the support if price fall.
This pattern will become invalid if it breaks upside and sustains above 4476 and fill the gap.
What you think? Gap filling or falling?
Give like and do comment to encourage the author.
Note
Gap filled. High made 4511. Note
Current level is also a support level. 
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