truetradero
Short

S&P500 at key resistance area, expecting a correction

INDEX:INX   S&P 500 Index
The S&P500             is at important resistances based on Fibonacci projections and showing bearish momentum divergence. We are expecting a corrective down wave (4) towards the 1855 area.

Only a new weekly close above 2120 would invalidate this bearish scenario.
aime
2 years ago
1855 definitley isn't deep enough
Reply
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