Good Morning Fellow Mindful Traders,
I hope everyone is enjoying the fall weather that is around us. Great time to get out for hikes and enjoy the beautiful scenery.
Today again just trying to keep it simple SPX is reaching a point of correction again - I would be looking at a pattern here - "Cup & Handle".
We are starting to break down at our current structure of support - 3500 and will look to correct down to 3404 - There is another point of support in between at 3430 however I doubt it will hold.
Further to this the bullish trend would continue - (Elections may vary this somewhat)
Hope everyone enjoys the rest of the day - bring mindfulness to all that you do - Routine is key - Meditate and enjoy.
Cheers
I hope everyone is enjoying the fall weather that is around us. Great time to get out for hikes and enjoy the beautiful scenery.
Today again just trying to keep it simple SPX is reaching a point of correction again - I would be looking at a pattern here - "Cup & Handle".
We are starting to break down at our current structure of support - 3500 and will look to correct down to 3404 - There is another point of support in between at 3430 however I doubt it will hold.
Further to this the bullish trend would continue - (Elections may vary this somewhat)
Hope everyone enjoys the rest of the day - bring mindfulness to all that you do - Routine is key - Meditate and enjoy.
Cheers