SmartReversals’ Trading Compass

SmartReversals’ Trading Compass

Weekly S/R Levels

S/R Levels - July 1st - 5th - Also Monthly Levels!

Second weekly indecision candle in a row for SPX and NDX - Plan ahead your trades for SPY, QQQ, IWM, ES=F, NQ=F, GDX, TSLA, NVDA, and more!

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SmartReversals
Jun 28, 2024
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There was a first breakdown attempt this week, on the other hand the weekly rally vanished showing weak price action for the period ending today.

Multiple breadth indicators present divergences with price, as studied during the last educational editions; that is significant, as it will be studied next Wednesday with a backtest approach analyzing tops.

Monthly and Weekly levels updated in this edition:

Weekly Levels:

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