The SPX500 is extremely bullish. Green dots represent long entries on 15m timeframe and most of them happen during the Asian session.
A bounce from the POC zone around 3070 has provided approximately 210 pips during the night. At this point the price is retesting 3086 and it seems like we will see further continuation to the upside. Targets are 3097 and 3108. Extremely positive momentum can be seen on 15m timeframe, mostly during Asian session. Green dots are very clear providing signals for a buy trade so traders who are awake during Asian session should definitely trade the SPX500.
The analysis has been done with the CAMMACD.MTF template.
For more daily technical and wave analysis and updates, sign-up up to our ecs.LIVE channel.
Many green pips,
Nenad Kerkez aka Tarantula FX