after the sharp drop in the indices we expect a rebound in the J225.
we will wait for a rebound to seek entry in shorts when the time is right.
The low rating given by Fitch to the USA from AAA to AA+ has pushed the Sp500 down and with it the other international index.
The price marked a low at 31677 . what we are looking for is that the price goes directly to 50% Fibo right at the 32565 level and from there it falls to 30550.
we will wait for a rebound to seek entry in shorts when the time is right.
The low rating given by Fitch to the USA from AAA to AA+ has pushed the Sp500 down and with it the other international index.
The price marked a low at 31677 . what we are looking for is that the price goes directly to 50% Fibo right at the 32565 level and from there it falls to 30550.