$S&P:500 has tested the zone of 4,550-4625 on cash. So pullback Targets are achieved. Mentioned about this on 17th,MARCH,2022. CMP then was around 4360. Another point which was mentioned was on PRICE REJECTION. Ideally that process should begin now. Going forward keep a close watch on the zone of 4,500-4,540. Once this zone breaks rejection pattern would activate. Targets would be 4100 and below in next 8-12 weeks. TIME wise rejection pattern should take place late this week or early next week. Overall U.S. MARKETS are looking over stretched specially NASDAQ. APRIL specially would be a critical month for U.S. MARKETS. Vetter to trade conservatively..https://ganntradersaahil.wordpress.com/2022/03/17/sp-500-outlook/
S&P 500 update
Published by SAAHIL BELIM
MY NAME is SAAHIL and I have been actively trading in EQUITY MARKETS from 2014. I have been using Gann theory in my TRADING JOURNEY since 2016. my approach to Gann THEORY is totally different than what you may have seen or heard in various YOUTUBE VIDEOS. I have developed multiple MATHEMATICAL MODELS which are based on METHODS described by sir gann in his courses. I never had used any kind of CHARTS to identify the TREND. hens I never share CHARTS to illustrate my view. I like to keep things SHORT and to the POINt! View all posts by SAAHIL BELIM
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