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$SPX Analysis, Key Levels & Targets for Feb 20

128


Not a terribly difficult trading range today.

ATH’s above us, 35EMA below, bottom of the implied move 6115 has a previous support.

Bearish divergence in strength. 30min 200MA on deck (maybe close to where it crosses the downtrend) if we close under the 35EMA.

Pretty bullish setup overall but overbought and bearish divergence. Low volume too which is driving me crazy but we don’t seem to get any sell off volume.
Trading ditutup: target tercapai
When I post short I don't post it lightly... lol.

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