$S&P;500 and NASDAQ COMPOSITE UPDATE

STOCK MARKETS 1 Minute

$S&P;500 and NASDAQ;COMPOSITE have achieved their respected Targets of 4,900 and 15,500
Post fresh highs both these INDICES requires a pullback.
A sizable pullback.

PATTERN looks complete on both INDICES.

with this kind of a setup 8 out of 10 times MARKET can post a sudden or an unexpected REVERSAL BAR.
need to be watchful for that.

Next major CYCLE DATE for both INDICES are due on 1st of FEBRUARY,
which also would be an event day.
4,820 and 15,400 are very important support,
breaking these levels would be a BEARISH sign.

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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!

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