Timonrosso

S&P 500 Pushing to 6,000 after Wedge Break

ロング
SP:SPX   S&P500指数
Falling Wedge has formed with the S&P 500 since 1 July 2021.
We then recently had a breakout above 3,991 which confirmed upside to come.
With the strong Engulfing up candles, we can expect the price to soar in the next few weeks.
That is if the trend does hold and doesn't cause a fakeout.

Price>200
RSI>50

My first target is at 6,000.

SMC
Below the Falling Wedge, there is a clear sign of Sell Side Liquidity.

This is where Smart Money buys into positions (and sweeps liquidity) from traders who are long (get stopped) and for short traders who enter into their trades.

This causes the price to rocket up each time it touches this Order Block.

Now we'll need a strong catalyst for upside to continue. I am rooting for this one...

✅ Facebook:
www.facebook.com/groups/matitrader

🌐Website:
www.timonandmati.com

💰FREE Discord:
discord.gg/c8f37kyv35

Twitter:
twitter.com/timonr

Trade Well,
Timon Rossolimos
Founder, MATI Trader
(Pro trader since 2003)
免責事項

これらの情報および投稿は、TradingViewが提供または保証する金融、投資、取引、またはその他の種類のアドバイスや推奨を意図したものではなく、またそのようなものでもありません。詳しくは利用規約をご覧ください。