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Strategies & Market Trends : TRIPLE TRADES
OPEN 6.745-2.7%11:59 AM EST
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To: Bull RidaH who wrote (439)2/3/2021 11:34:57 AM
From: Bull RidaH   of 4446
 
SPX - The bounce called for in the post this one responds to has become long in the tooth, trekking 150 points in a few short days. A high appears to be substantiated in the 3845 area, which yields 4 touches inside this megaphone (see below). Price should now seek the 5th touch, which will be of the descending line in the 3500 area, before another spirited bounce ensues, allowing more unmet individual equity targets to be met. All part of The Great Rotation. Google's slide from opening highs, as it ran through its 1991 target, will help accomplish this coming slide to the 3500 area.

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