$S&P 500(.SPX)$ The market did

$S&P 500(.SPX)$ The market did eventually move to the 4935 target (close enough) after the IB high/OVN high area was backtested.

OVN high/IB high = 1st support

However, market looked “tired” & sold off quickly moving back down to the 4914 level, which is being defended.[Serious][Serious][Serious]

Market sold off at open to the 4908-4914 area & the Sellers failed to take out this area as mentioned in the plan. Market has bounced back higher moving towards the 4935 target.

Technical Analysis

Here is the place for you to discuss & learn about technical analysis.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

FrankRebecca
01-26
FrankRebecca
Nice analysis! Keep up the good work! 🚀

Leave a comment

157

{"i18n":{"language":"en_US"},"detailType":1,"isChannel":false,"data":{"magic":2,"id":266786111963392,"tweetId":"266786111963392","gmtCreate":1706165354833,"gmtModify":1706180382647,"author":{"id":3479274726989542,"idStr":"3479274726989542","authorId":3479274726989542,"authorIdStr":"3479274726989542","name":"XianLi","avatar":"https://static.tigerbbs.com/908158bebd81330f593db2d217da7481","vip":8,"userType":8,"introduction":"运营账号","boolIsFan":false,"boolIsHead":false,"crmLevel":1,"crmLevelSwitch":0,"individualDisplayBadges":[],"fanSize":617,"starInvestorFlag":false},"themes":[{"themeId":"cbd77e946ac14fe7a25c7ee9a998fe0b","categoryId":"7cbb30544f7e4946acd0f699136a7d66","name":"Technical Analysis","type":0,"rnLink":"https://laohu8.com/RN?name=RNTheme&page=/theme/detail&rndata={\"themeId\":cbd77e946ac14fe7a25c7ee9a998fe0b}&rnconfig={\"headerBarHidden\": true}","description":"Here is the place for you to discuss & learn about technical analysis.","image":"https://static.tigerbbs.com/e6324b5c4404749c5b786e45e4947245"}],"images":[],"coverImages":[],"html":"<html><head></head><body> <a data-mention-id=\".SPX\" class=\"teditor-mention\" data-mention-name=\"S&amp;P 500\" href=\"https://ttm.financial/S/.SPX\">$S&amp;P 500(.SPX)$</a> <v-v data-views=\"1\"></v-v>The market did eventually move to the 4935 target (close enough) after the IB high/OVN high area was backtested. OVN high/IB high = 1st supportHowever, market looked “tired” &amp; sold off quickly moving back down to the 4914 level, which is being defended.[Serious][Serious][Serious]Market sold off at open to the 4908-4914 area &amp; the Sellers failed to take out this area as mentioned in the plan. Market has bounced back higher moving towards the 4935 target. </body></html>","htmlText":"<html><head></head><body> <a data-mention-id=\".SPX\" class=\"teditor-mention\" data-mention-name=\"S&amp;P 500\" href=\"https://ttm.financial/S/.SPX\">$S&amp;P 500(.SPX)$</a> <v-v data-views=\"1\"></v-v>The market did eventually move to the 4935 target (close enough) after the IB high/OVN high area was backtested. OVN high/IB high = 1st supportHowever, market looked “tired” &amp; sold off quickly moving back down to the 4914 level, which is being defended.[Serious][Serious][Serious]Market sold off at open to the 4908-4914 area &amp; the Sellers failed to take out this area as mentioned in the plan. Market has bounced back higher moving towards the 4935 target. </body></html>","text":"$S&P 500(.SPX)$ The market did eventually move to the 4935 target (close enough) after the IB high/OVN high area was backtested. OVN high/IB high = 1st support However, market looked “tired” & sold off quickly moving back down to the 4914 level, which is being defended.[Serious][Serious][Serious] Market sold off at open to the 4908-4914 area & the Sellers failed to take out this area as mentioned in the plan. Market has bounced back higher moving towards the 4935 target.","highlighted":1,"essential":1,"paper":1,"likeSize":157,"commentSize":1,"repostSize":16,"favoriteSize":0,"link":"https://ttm.financial/post/266786111963392","repostId":0,"isVote":1,"tweetType":1,"viewCount":829,"commentLimit":10,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"symbols":[".SPX"],"verified":2,"subType":0,"readableState":1,"langContent":"EN","currentLanguage":"EN","warmUpFlag":false,"orderFlag":false,"shareable":true,"causeOfNotShareable":"","featuresForAnalytics":[],"commentAndTweetFlag":false,"andRepostAutoSelectedFlag":false,"upFlag":true,"length":397,"xxTargetLangEnum":"ORIG"},"commentList":[{"id":267028811341912,"commentId":"267028811341912","gmtCreate":1706202640390,"gmtModify":1706260896208,"authorId":9000000000000583,"author":{"id":9000000000000583,"idStr":"9000000000000583","authorId":9000000000000583,"name":"FrankRebecca","avatar":"https://static.tigerbbs.com/1d5adf454a12436f689bf03957e56db7","vip":8,"crmLevel":1,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":266786111963392,"objectIdStr":"266786111963392","type":1,"supId":0,"supIdStr":"0","prevId":0,"prevIdStr":"0","content":"Nice analysis! Keep up the good work! 🚀","text":"Nice analysis! Keep up the good work! 🚀","html":"Nice analysis! Keep up the good work! 🚀","likeSize":0,"commentSize":0,"subComments":[],"verified":10,"allocateAmount":0,"commentType":"valid","coins":0,"score":0}],"isCommentEnd":false,"isTiger":false,"isWeiXinMini":false,"url":"/m/post/266786111963392"}