According to the H1 Timeframe, we can see the rising wedge pattern was broken and SPX is most likely to head for the downside after testing a resistance level @2850 level. Using Bollinger Band, we can see the price level is at the upper band which will also meets its resistance level. Trade set up is of now, and do take note on upcoming news such as FOMC Statement which may impact SPX movement. Always becareful and will be subjected to changes. Will keep all of you updated so do keep in touch with me :)
No analysis is perfect. Best to compare your idea with my idea and make a decision by yourself. Always trust yourself :) If you do like my analysis do drop me a like and share your ideas below.
No analysis is perfect. Best to compare your idea with my idea and make a decision by yourself. Always trust yourself :) If you do like my analysis do drop me a like and share your ideas below.