Technical analysis by LotusTrading20 about Symbol SPYX: Buy recommendation (9/29/2023)

set up confirms on closes above 4608 and invalidates on closes below 4043I'm suspending the main idea right now, as we may be looking at a smaller TF MMSM ... What caught my eye was the place where two consecutive 4h candles failed to break inside the box... by Tuesday we should have more clarity, but as of this moment I'm preferring this scenario. Will update soonLows look good, it will look better once back inside previous range... this is a note for those who like to be early, set up for main idea, as mentioned confirms on daily close above 4608