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Strategies & Market Trends : News Links and Chart Links
SPXL 219.24+2.0%Nov 26 4:00 PM EST

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From: Les H6/17/2023 9:11:41 AM
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The S&P 500 (SPX) continues to power through and pushed the daily TD Sequential count to TD Sell Setup @9 + 6 and TD Sell Countdown @6. Expectations for the upcoming week is to see short term consolidation, but eventually the daily SPX should complete a TD Sell Setup @9 + 9 on Thursday, June 22. This is predicated it does not record a bearish price flip prior to June 22 or it does not trade below the 30/45/60 minute TDST Support at 4362.60. Inability to hold 4362.60 will suggest the intermediate term consolidation has begun. The ultimate level to hold is the 90 minute/2 hour TDST Support between 4299.44 and 4308.96.

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