$S&P 500(.SPX)$ 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.

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Comments

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

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