S&P 500: Channel Trading
First resistance line touched, Now we have 3 AB=CD drives still looking to complete. Two on the weekly, and a big one on the monthly chart.
They all point to the same price quote, we should have SPX rally up to a range between [1760.00, 1800.00], depending on how fast it gets there.
Follow the index price through the channel lines on the white AB-CD.
They all point to the same price quote, we should have SPX rally up to a range between [1760.00, 1800.00], depending on how fast it gets there.
Follow the index price through the channel lines on the white AB-CD.
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