Is SP500 resuming its up trend?
Since the beginning of the year, SP500 lost almost 20% of its value from top to bottom (close to entering bear market territory)
However, the drop from the top looks corrective and 4100 can very well be the end of this correction.
Technically, the drop under 4250-4270 support was quickly reversed and is a false break and, if SP500 manages to break back above 4400, we can have continuation to the upside.
For this bullish scenario to be valid, 4250 must hold
However, the drop from the top looks corrective and 4100 can very well be the end of this correction.
Technically, the drop under 4250-4270 support was quickly reversed and is a false break and, if SP500 manages to break back above 4400, we can have continuation to the upside.
For this bullish scenario to be valid, 4250 must hold
🚀 Elevate your trades with a 20-year market veteran!
📈 Forex & XAU/USD Channel:
t.me/intradaytradingsignals
💎 Crypto Channel:
t.me/FanCryptocurrency
🌟 Premium Contact:
t.me/IacobMihai
📈 Forex & XAU/USD Channel:
t.me/intradaytradingsignals
💎 Crypto Channel:
t.me/FanCryptocurrency
🌟 Premium Contact:
t.me/IacobMihai
Powiązane publikacje
Wyłączenie odpowiedzialności
Informacje i publikacje przygotowane przez TradingView lub jego użytkowników, prezentowane na tej stronie, nie stanowią rekomendacji ani porad handlowych, inwestycyjnych i finansowych i nie powinny być w ten sposób traktowane ani wykorzystywane. Więcej informacji na ten temat znajdziesz w naszym Regulaminie.