S&P 500 (SPX) next move? *PIC*

Please feel welcome to join in on these informative ongoing discussions about trading futures and commodities.

The Trading Forum is intended for the open discussion of commodities trading. The management of this Forum does not agree or disagree with the ideas exchanged, and does not exert editorial control over the message posted herein. Read and post at your own risk. The risk of loss in trading or commodities can be substantial. We discourage the use of this Forum to promote trading that is acknowledged to be risky. Please note: many links from the Forum lead to pages on other web sites. We cannot take responsibility for nor endorse the information presented on those sites.

Trouble Ticket Forum Policy

Return to Index Read Responses

TFC Commodity Trading Forum

SPX closed on Wednesday below 1356; .. and now @ 1355 heading downside. Obviously, the down pressure is real.
Bouncing is considered if this weekly bar closes above 1356; .. looks long lasting barrier. So today's action may reveal the market's true intention; bear's trap vs. bear's territory.
Possible downside target 1336 (ESM12 1332).
Trade well!
J.

Messages In This Thread

S&P 500 (SPX) next move? *PIC*

Re: S&P 500 (SPX) next move? *PIC*

Trouble Ticket Forum Policy

Return to Index Read Responses