XSO 0.65% 3,192.3 s&p/asx small ordinaries

The Brains Trust, page-14944

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    SPX500 Futures Weekly Chart ... I find this interesting. The 7_Candle Gunner Style Weekly highlights when "mirrored"(to go back in TIME) picked up perfectly the important 2016 Double Bottoms and great chart level of ~ 1802.50. This chart also highlights that the Futures recent bounce point came exactly at the 55% retrace(thanks Mr. Fib!), and with the actual SPX500(mother stock) bounce from very near the 50% retrace, all quite normal for a Bull Market retrace bounce level.

    We are coming up to the 1st and important resistance level(~ 2600) being the 1st Gann Box base line(highlighted brown horizontal line) and Gann 1 x 2 line so needs to be watched.

    SPXFutures_GannFan_070119_7_Wkly.jpg
 
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