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S&P500 : Upside Can Be Limited Near 2110/2120

Discussion in 'Forex Trading Signals & Forecasts' started by Sandra S., Nov 4, 2015.

  1. Sandra S.

    Sandra S. Forum Member

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    S&P500 reached new highs, now trading near 2110-2115 area from where we may see a bearish turn this week. But not just yet, as we are tracking an ending diagonal now in fifth wave up which appears incomplete. There is room for 2110 before market may turn lower. At the same time we need to keep an eye on 2063; break and daily close price below that support will suggest that highs are in. S&P500, 4H

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