Technical Analysis and Outlook The S&P500 index closed higher and by doing so, obsoleted the relatively weak Key Res 3016. The higher-range closure sets the stage for a steady to higher advancement towards the Inner Index Rally 3040, and ultimately to the Outer Index Rally 3125 (The sixth phase). Currently, there are no significant resistance levels: the downside there is established Mean Sup 2976, and distance Key Sup marked at 2914.
Komentarz
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To continue the rest of the S&P 500 story, see 'Stock Market Indices Commentary July 26, 2019 page, at TradingSig_dot_com.
great chart! never saw this kind of analisys, how's it called?
TradingSig
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@chocotraders,
Hi Chocotraders
Trade Selector Signal system. So, what is the Trade Selector Signal - Price Action Time Visibility System is to get in tune with the market, it is about market symmetry. Trade Selector Signal is the market's inner, outer symmetries with unique (proprietary) symbols identifying the beginning, ending, and correct market formation. The system that shows the trader the most probable course the market will take in the future.