SPX Cup and Handle

Apr 27, 2018

There is a probability of formation bullish for the SPX. the neck of the cup is 2714 The economic outlook with higher WTI price and more profitable fracking added cash flow to the economy with good employment and still low interest rate that this could devellop. The Stop loss is at the bottom of the handle 2615 a break lower would invalidate this pattern.Trade with caution entry is the key enter as close as possible to 2615