It remains possible but won't confirm without an impulse down
- best to focus on the levels I have provided as SUPPORT is
holding and thus BULLS in control short term
Besides the levels I mentioned a move below 4131 would negate a
nested 1-2 up (which is a bullish view)
Real bearish view upon this rally failing would be a HS top
(look for yourself)...that would be best after a drop and abc pop
back up
It remains possible but won't
SPX
Posted by steve on 25th of Aug 2022 at 01:18 pm
It remains possible but won't confirm without an impulse down - best to focus on the levels I have provided as SUPPORT is holding and thus BULLS in control short term
Besides the levels I mentioned a move below 4131 would negate a nested 1-2 up (which is a bullish view)
Real bearish view upon this rally failing would be a HS top (look for yourself)...that would be best after a drop and abc pop back up
The market may stay range bound for POWELL
Thnx
Posted by kobie on 25th of Aug 2022 at 01:27 pm
Thnx