According to S&P 500, the phase space is defined as northern, since the price has risen above the upper fractal. Now we can examine signals from other market dimensions within the framework of Bill Williams’ strategy.
At the same time, the AO indicator remains in the negative zone.
The color of the histograms of the Gator indicator changes, so this indicator has not formed a clear signal yet.
As a result, there is a northern phase space. At the same time, some indicators indicate the possible development of a pullback movement or the transition of the market to a new phase.
📊 Buy Stop 5993.63
❌ Stop Loss 5989.13
After entering the market, Stop Loss is carried along the red line after the closing of each candle. The profit is fixed by moving Stop Loss, or when opposite signals appear on the AO, AC, Gator indicators.
