Advertisement
Advertisement

S&P500 Bulls are Pushing Higher as Break or Bounce is Expected

By:
Nenad Kerkez
Published: Sep 16, 2020, 07:39 GMT+00:00

SP500 is bullish and we should see the move straight from the POC zone on a pullback. Or a breakout above 3422.

S&P 500

SP500 is bullish and we should see the move straight from the POC zone on a pullback. Or a breakout above 3422.

The SP500 is very bullish and I expect continuation. If the market makes a retracement, watch 78.6/88.6 zone and a possible bounce up. 3367-3378 is the zone. Above 3422 breakout is expected towards 3447. In Addition to bullish pressure we can also spot the order block which adds to the overall bullish confluence.

undefined

For a look at all of today’s economic events, check out our economic calendar.

About the Author

Nenad Kerkezcontributor

M.Ec. Nenad Kerkez aka Tarantula is Elite CurrenSeas Head trader and a valued contributor to many premium Forex and trading websites.

Advertisement