S&P 500 IndexUpdated 101 Channel's bearish break out "Target" = 3650
1 Hour chart.
Note
Nice retest of the broken channel, 3650 is next. We have a major support in the way which we will get a bounce back from January 29, 2021 3694. Breaking that all down the hill we go we will tank big time watch this number carefully ((((( 3694.12 ))))))Order cancelled
False break out, target " NOT" reached still price movement need more time to draw a perhaps bigger time channel. Only time will lead the way for the next channel to form!!!.
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I do more in depth studies of stocks on my twitter account. Hope you would enjoy it there as you are enjoying it here.
****** Past performance is no guarantee of future results***
twitter.com/samitrading1
****** Past performance is no guarantee of future results***
twitter.com/samitrading1
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.