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Neon
May 22, 2017 1:34 PM

SPX Roadmap Update May 2017 

S&P 500 index of US listed sharesFXCM

Description

Crunch time coming

Comment

Here SPX could form IHS targeting 2465 on futures while 2479 is the consolidation range projected upwards. In any way, the next 3 weeks leading up to the FED meeting are crucial

Comment

The whole consolidation looks like cup with a handle so far

Comment

FED meeting in mid June has massive significance

Comment

Net positioning is still modest which is positive
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