SPX500 - BB and Pitchfork fib level reached
This area may see a pullback. It does look like a breakout above 3800 and I'm sure many are seeing that level as the level to hold. Any test of 3800 is an objective long. Getting Under 3770 would be under the pitchfork fib line and the likely target would be the 18ma again currently at 3690. I prefer waiting to see how the earnings go tonight with MSFT. Good luck all!
ความคิดเห็น:
Daily rsi showing some hidden bearish divergence, doesn't mean anything just yet
ความคิดเห็น:
if there is no pullback after earnings tonight, target would be 3900 - weekly 18ma and next fib line on pitchfork.
ความคิดเห็น:
futures is about to close hourly under the pitchfork fibline after those earnings come out from Google/Microsoft. Not a big deal unless 3770 goes as well.
