Pivopen

S&P 500 – Option Chain Analysis

21st Jan 23:

Current Position39883988
Time Frame4 hr1 hr
RSIAbove 40Above 80
EMAabove 50 emaAbove 50 ema
Volume Up Area40404034
Point of Control38554009
Volume Down Area37863901
Expected TrendUp till volume up areaReverse from POC or test volume up area

Week 2 (Jan 23): We are expecting the S&P 500 to retest the 4000 to 4050 level this week. This way it will form lower high and has higher chances of turning bearish from that level.

Shaz

Thank you for taking the time to read. If you want to support these posts, you can do so by bookmarking this link. Your support enables me to bring you amazing information and content each and everyday. Information you're not going to get anywhere else. It takes hours of study each day and several hours to produce and process the content.

Add comment

Follow us

Don't be shy, get in touch. We love meeting interesting people and making new friends.

Most popular

Most discussed