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SPX looks to have bounced off the trendline supporting the June and October 2013 lows. That's the bottom of the channel that I have been tracking for both ES and SPX.
Really enjoy your charts - thanks for sharing them.
You're most welcome. That is a nice support and this is the 3rd hit on that. Perhaps we may get a retracement back to the blue broken support from here but I can't dare to go long.
any target on coffee?
ReplyDelete170-180 first.
ReplyDeletethanks, I enjoy your work
ReplyDeleteSPX looks to have bounced off the trendline supporting the June and October 2013 lows. That's the bottom of the channel that I have been tracking for both ES and SPX.
ReplyDeleteReally enjoy your charts - thanks for sharing them.
You're most welcome. That is a nice support and this is the 3rd hit on that. Perhaps we may get a retracement back to the blue broken support from here but I can't dare to go long.
ReplyDelete