Índice S&P 500Atualizado SPX has a perfect gap fill confluence on Dec 1st
I really like what I see here:
- Longer term broken to the upside downtrend line test from the top 3744-50SPX
- As well as the gap to close from CPI numbers 3748.85SPX
All comes to Dec 1st.
Number to watch for tomorrow is 4010.50SPX on closing level.
- If the price gets to 4007SPX I will short with a 10+ points stop
Maj support is at 3744SPX on closing level
As noted before, I expect a strong selling into the EOM, ideally we mark a high on the 25-28th and sell hard from the 28th high.
The month of Nov will have a lower close then Oct month.
Ideal downside timing date is Dec 1st for the low and a high (wave 2) on Dec 6th.
From there the price will produce some strong selling into 3389 and ideally 3212SPX by the Dec OPEX or few days later.
A small recovery into EOY and high in Jan with crash from there.
Next year will produce a great long term long opportunity imo.
Have a great night
- Longer term broken to the upside downtrend line test from the top 3744-50SPX
- As well as the gap to close from CPI numbers 3748.85SPX
All comes to Dec 1st.
Number to watch for tomorrow is 4010.50SPX on closing level.
- If the price gets to 4007SPX I will short with a 10+ points stop
Maj support is at 3744SPX on closing level
As noted before, I expect a strong selling into the EOM, ideally we mark a high on the 25-28th and sell hard from the 28th high.
The month of Nov will have a lower close then Oct month.
Ideal downside timing date is Dec 1st for the low and a high (wave 2) on Dec 6th.
From there the price will produce some strong selling into 3389 and ideally 3212SPX by the Dec OPEX or few days later.
A small recovery into EOY and high in Jan with crash from there.
Next year will produce a great long term long opportunity imo.
Have a great night
Nota
Zoomed in 1h chart with the support box for tomorrow in case the price will gap
down in am.
Support is at 3900-17SPX
Resistance 4007-20SPX
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Aviso legal
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.