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Strategies & Market Trends : TRIPLE TRADES
OPEN 8.110-5.3%Nov 14 9:30 AM EST
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To: yard_man who wrote (2945)3/3/2023 3:30:55 PM
From: Bull RidaH  Read Replies (3) of 4414
 
SPX - The fortress top pattern etched out in early February, and seen in the chart below, yielded a final target of 3838. In probably 25% of these patterns, the move is turned at the 75% to target area, which in this case is around 3920. Considering the bullish reaction from that area yesterday, odds are we have seen the lows. If the key breakdown spot of 4051.2 is surpassed, odds are well over 90% that the low is in.

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