SP500 - All timeframes aligned bullish - next target is 2540
Updated
Monthly, Weekly and daily timeframes all bullish . A positive reversal target on Daily timeframe with as target 2540.4. Major support is currently at 2514.5 (last target of positive reversal on 4H timeframe)
M: Up
W: Up, last PR 0.66% TA: 2474.2 (support)
D: Up, PR 0.66% TA: 2540.4 (next target)
4H: Up, last PR 0.66% TA: 2514.5 (supp) Monthly, Weekly and daily timeframes all bullish. A positive reversal target on Daily timeframe with as target 2540.4. Major support is currently at 2514.5 (last target of positive reversal on 4H timeframe) 0.39%
M: Up
W: Up, last PR 0.66% TA: 2474.2 (support)
D: Up, PR 0.66% TA: 2540.4 (next target)
4H: Up, last PR 0.66% TA: 2514.5 (supp) Monthly, Weekly and daily timeframes all bullish. A positive reversal target on Daily timeframe with as target 2540.4. Major support is currently at 2514.5 (last target of positive reversal on 4H timeframe) 0.39%
Trade active
Target of 2540.4 is hit, but no sign of trend reversal so keep long. Move stops up to just below 2540.4 (previous target) to let the market run and lock your profits. Awaiting correction to set next target.
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