SPX just bounced nicely off that lower demand zone—pretty textbook stuff. The move that followed was crisp and impulsive, showing buyers are back in the game. After several weeks of grinding lower in a controlled fashion, the price finally reclaimed that pivotal mid-range level. Short-term structure has flipped bullish. The question now: can it hold? Watch the zone closely—this kind of reaction tends to set the tone for the next leg.
#Trading #TechnicalAnalysis
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¯\_(ツ)_/¯
· 23h ago
Bounce looks pretty comfortable, but I don't know how long it can last...
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MetaReckt
· 01-04 08:09
This rebound is quite interesting; it depends on whether we can hold it.
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HodlAndChill
· 01-03 14:52
Here we go again. How many days can this rebound last? You said the same last time.
SPX/USDT - 4H Breakdown
SPX just bounced nicely off that lower demand zone—pretty textbook stuff. The move that followed was crisp and impulsive, showing buyers are back in the game. After several weeks of grinding lower in a controlled fashion, the price finally reclaimed that pivotal mid-range level. Short-term structure has flipped bullish. The question now: can it hold? Watch the zone closely—this kind of reaction tends to set the tone for the next leg.
#Trading #TechnicalAnalysis