MysteriousPersian

symmetrical triangle consolidation

MysteriousPersian Updated   
FX:SPX500   S&P 500 Index
Resistance to the upside at 3100 and support and pivot at 3000. If the SPX were to sustain a move under 3000 the momentum will break and the stock market will correct itself. A break to the upside could reach new highs shortly
Comment:
Comment:
Were touching the topside of the triangle. This is by no means a breakout yet. Will be watching the 3120 level closely
Comment:
Breakout with strong resistance at 3150. looking to move passed this point in order to make higher monthly highs
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.