SPX Analysis

١٢ أغسطس ٢٠١٩

Very interesting where yesterday's session has closed! Price action is locked between the 50% Fib retracement long level of the shorter intraday time frame i.e. 15 minute chart and between the 50% Fib retracement level long of daily time frame, while on the daily time frame the opposing short has been traded and price moving to it's -123% target to close some of the gaps below.

Quite tricky that makes us traders confused which direction market will go.