vox-populi

SPX Bounce, Part II! (SPXUSD)

vox-populi 업데이트됨   
FOREXCOM:SPX500   S&P 500 인덱스
Hello Traders - you may have caught our scalp on SPX the other day, shown below. Once again, a TD9 signal on the four hour appears at a critical juncture for SPX, and there seems to be potential for a bounce here.

In addition, on the 12H chart, we have just hit candle #4 on a correction after a bearish nine. Sometimes, 4 candles is the extent of a pullback.

Keep an eye on the bottom of the channel...

Good luck

Previous Analysis;

코멘트:
I don’t need to explain proper stop loss for this right?
코멘트:
Ok we gapped under, but the channel might be off slightly, wait for a candle close beneath and then we might be able to short. Or you could take a small long playing the gap and then wait
코멘트:
I haven’t taken a position either way yet but it looks like it will keep the breakdown
코멘트:
Still nothing really, scalped the gap fill when i took a nap earlier but since then, we have no clues, so i will do nothing
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