SPX500 Long Setup.Considering the momentum, I will initiate longs above 2900, with an open target and trailing SL starting the trade with 2820.
Will keep updating further actions.
Nyse
Qualcomm trading range.Qualcomm has been in a sideways market for quite a long time. It will be interesting to watch if it is able to break above the key resistance or not in the coming sessions.
SPX Topping out?The S&P500 seems to have tested the upper channel of the bullish range. It should correct to 2450-2600 soon. Anything below 2400 would be a change of trend from bullish to bears taking charge.
NIFTY VIEW---NIFTY HAVE SUPPORT AT CURRENT LEVEL OR 8550-60 IF ABLE TO HOLD CURRENT LEVEL NIFTY AGAIN START UPSIDE BUT IF NOT ABLE TO HOLD THIS LEVEL THEN NIFTY WILL DONE 8450-400 SOON..
