S&P500 - Thorough Analysis - Hourly Chart
Last idea of my S&P500 Analysis.
Uh, ah, we have so many lines, don't we?
All of it comes from the monthly and daily. This is how I analyse. No magic, no bullthsi.
Concentrate on the white box from Daily chart. You can see that the price is ranging for like, what, almost 3 months!!! Boi, that's a long time. It shows that there is going to be a huge breakout - breakdown from this box. Now, we are in favour of breakout but anything can happen.
The green lines show that even here you can see that the price is shrinking and getting tense.
I thank you for reading all the posts, I do hope I was able to give you something valuable, if so please comment it has helped.
If you see it differently, or want to ask something, don't hesitate to ask me in the comment section!
Uh, ah, we have so many lines, don't we?
All of it comes from the monthly and daily. This is how I analyse. No magic, no bullthsi.
Concentrate on the white box from Daily chart. You can see that the price is ranging for like, what, almost 3 months!!! Boi, that's a long time. It shows that there is going to be a huge breakout - breakdown from this box. Now, we are in favour of breakout but anything can happen.
The green lines show that even here you can see that the price is shrinking and getting tense.
I thank you for reading all the posts, I do hope I was able to give you something valuable, if so please comment it has helped.
If you see it differently, or want to ask something, don't hesitate to ask me in the comment section!
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