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The 4 hour timeframe on futures has delivered a ton of clarity in 2022. I’m expecting an uptrend to be established, however it would just be another weekly lower high.
1
I’ve adjusted the long term Fibonacci retrace to raise the first resistance zone at 4.15%.
2
The S&P has been bouncing from its 50 month EMA the past few trading days. Watching for a lower high and to tighten within this range set between last year and this September.
2
Looking at the 4.3% level to bring tons of resistance and support as long term fib levels are breached for the first time since 07’.
0
Falling wedge on 15 min time frame expecting to break bull
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