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SPX REBOUNDS TO TEST 3647

Writer: jeremy chojeremy cho

A Biden Presidency gave the SPX a bounce to test 3647 after it bounced of weekly support near 3176.


A long signal was issued on the 4hr charts at 3351 on the 3rd of Nov 2020.

A long signal was issued on the day charts at 3471 on the 5th of Nov 2020.

Target now stands at all time highs if we can break and close above 3647.


Support for the ST is at 3400.

A break of 3400 will negate this rally and resume a ST downtrend


https://www.youtube.com/watch?v=i3U7VDl3kp8


 
 
 

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