SPX BREAKS 4000
Following my last post, the daily Supertrend line at 4011 was broken on 010421.More significantly, the SPX starts of the trading month of April 2021 positive bullish in the long term since the bullish breakout of the Supertrend line at 3654 on 011220. The disposition of the SPX 500 is now BULLISH on all time frames.
Attach also is the Fibonacci Extension projection for new ALL TIME HIGH price targets on the daily charts that sets 4124 (1) and 4291 (1.618) RESPECTIVELY.
LONG TERM UPTREND since 011220
MEDIUM TERM UPTREND since 01020
SHORT TERM UPTREND since 270321
PIVOT 3891
Long positions above 3891 for 4124 and 4291
Short positions below 3891 for 3626 and 3221
Attach also is the Fibonacci Extension projection for new ALL TIME HIGH price targets on the daily charts that sets 4124 (1) and 4291 (1.618) RESPECTIVELY.
LONG TERM UPTREND since 011220
MEDIUM TERM UPTREND since 01020
SHORT TERM UPTREND since 270321
PIVOT 3891
Long positions above 3891 for 4124 and 4291
Short positions below 3891 for 3626 and 3221
Quant Strategic Singapore
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