After the double bottom that printed after a Bollinger Band spike and a momentum divergence, S&P trended higher very strongly.
1950 is the top of the range. 1975 - 2000 is a supply zone most investors will keep a close eye on.
Entering now would be premature as we are in the middle of a zone, but if price makes it to the top, we could see another high probability entry.
1950 is the top of the range. 1975 - 2000 is a supply zone most investors will keep a close eye on.
Entering now would be premature as we are in the middle of a zone, but if price makes it to the top, we could see another high probability entry.
I have been trading for 15 years!
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> Trend Rider indicator: tradeciety.com/trend-rider-indicator/
> Free weekly trading webinar: www.tradeciety.com/webinar/
> Free blog: www.tradeciety.com/blog