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MrMoneyMatrix
Jan 24, 2022 5:28 PM

S&P 500 Bounce Incoming  

E-mini S&P 500 FuturesCME

Description

It has been more than a week since this sell off has started. Here in this chart you can see that the price is hovering over a major moving average (Red Line). I have been waiting for this to take a short term trade to ride the potential bounce. I do believe there will be more downside to come in the next week or so. We will all just jave to wait and see.
I hope everyone trys to stay safe out there. And always, please leave a comment for constructive feedback. Thank you all.
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