ogdabber

If thru 5ma, 20ma must hold or 50ma PT

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OANDA:SPX500USD   S&P 500指数
Simple setup... exhaustive move in broadening wedge, likely retesting support early Monday... if too many complacent buyers are leveraged too much, then may liquidate to 20ma... should be decent buy zone here but must reverse promptly, or else 50ma is next target. Need to see more bullish confirmation, or else likely selloff... see my other chart for simple, bullish longterm view. This is only for potential intermediate “correction” cycle.
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