Potential Buy Zone to focus on
Last week's bullish setup on $SPX was highly accurate and yesterday $SPX touched the target zone and reversed.
Now the focus is on 1905-1915.
Potential buy zone if indeed last week's breakout wasn't a False Break.
Pay attention to the 200 SMA line (hourly) - Good level to place stop loss below.
Tomer, The MarketZone.net
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Now the focus is on 1905-1915.
Potential buy zone if indeed last week's breakout wasn't a False Break.
Pay attention to the 200 SMA line (hourly) - Good level to place stop loss below.
Tomer, The MarketZone.net
Follow me on TradingView
Follow my blog - goo.gl/TWWN8C
Subscribe to my mailing lists - goo.gl/JfOLoR
I still think that by the end of the day you'll see a reversal and a close above 1900. In such case, will re-enter.