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Writer's picturejeremy cho

SPX needs to reclaim 3871 to resume climb

The short signals issued from 250221 persists for a 2nd week with a close at 3842 last Friday.

The pattern of buying on the dips over the past 3 months are keeping the medium and long term charts very bullish.

The index may test 3554 if the SPX is unable to break above the overhead pivot of 3871 and break 4011 convincingly in the very short term.


PIVOT 4011

Short signals below 4011 to test 3554 3526

Long positions above 4011 to make new All Time Highs


YOUTUBE https://www.youtube.com/watch?v=7GmzgccBX0g


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