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Writer's picturejeremy cho

SPX 500 TO TEST 4262

Updated: Jul 19, 2021

The SPX long signal at 4266 on 240621 is still valid but profit taking produced a short signal on the 4hr chart on 060721 at 4332 target the day support at 4262.


Important to see buyers come in to support at the Day SSSB line on the ichimoku cloud formation at Friday's close. A break of 4262 will test the weekly support at 4067.


LONG TERM UPTREND since 011220

MEDIUM UPTREND since 010620

SHORT TERM UPTREND since 240621


PIVOT 4262

Long positions above 4262 targets 4369 and 4512

Short positions below 4262 for 4067 and 3632



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