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themarketzone
11 окт 2015 г., 16:10

Above 2000 again - Two bearish harmonics near 2050 

S&P 500 index of US listed sharesFXCM

Описание

SPX is back above 2000 again.
Since it's double bottom near 1880, it rallied straight to 2000 without even looking back.
1980 -2000 is the nearest support zone now and potential buy zone in case of short term pullback.

The more interesting scenario now is the bearish one, if and when SPX will reach the 2040-2060 zone.
Depending on where you pull the pattern from (X points), there are two potential targets between 2045 and 2065.

Potential targets for the bearish Gartleys - 2000, 1980 and 1950


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Комментарий

SPX reached final target level - Enters the sell zone before FOMC
Комментарии
muslim_islam14
Trance-Man
This rocketed today and again after hours, any updated charts anyone?
themarketzone
Now inside the sell zone. Will be interesting to see tomorrow's price action. 2060 is the top of my resistance zone.
IvanLabrie
Great.
muslim_islam14
Ещё