SP500 Bulls are Pushing Higher as Break or Bounce is Expected

1 min read
Nenad Kerkez

Nenad Kerkez

Head of Trading

Dear traders,

the SP500 is bullish and we should see the move straight from the POC zone on a pullback. Or a breakout above 3422.

The SP500 is very bullish and I expect continuation. If the market makes a retracement, watch 78.6/88.6 zone and a possible bounce up. 3367-3378 is the zone. Above 3422 breakout is expected towards 3447.  In Addition to bullish pressure we can also spot the order block which adds to the overall bullish confluence.

The Analysis has been done with the CAMMACD.Core

Good trading,
Nenad Kerkez

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