SPX FORECAST

MARKET PHASE

• SPX500 is in a weekly uptrend, fueled by a daily timeframe expansion taking place.
  

AREA OF VALUE

• We can expect a volatility contraction where lows will form, and therefore allow sell side liquidity to be created (sell stops, shorts, stop losses) below this corrective structure.
  

TRADE

• No trade. Waiting for a corrective structure and creation of an area of value.
  

Сделка активна:

SP500 completed its corrective structure during the week and has broken to the upside. Wait for a retest of entry.

ENTRY: 5125.40
SL: 5080.80
TP: 1:2R