SP500 Update: Bearish Alt Bat and decision time

10 de mar. de 2021

Inverse Head and Shoulders' targets were filled in.
Price filled the alt bat pattern as predicted.
The pattern is working and the price dropped 40 points.
Here we have EMA 50 - SMA 200 Suport
3840 - 3828 horizontal support zone.
Cycle Sniper H4 Smaller periods in overbought, bigger periods close to 0.
Closing below the horizontal support is needed for bearish continuation. Targets as mentioned. ( Potential Nen Star is shown )
If the price rejects and holds above the support, upside levels as mentioned.
Today's Fundamentals to trigger both ways:
1- US 10 YR NOTE AUCTION
2- US CPI

Good Luck!

15 de mar. de 2021

Nota

the first target is achieved... let's see if it is a double top or bullish breakout towards 4000.