the5erstrading

Long-term Analysis S&P500 18/03/18

Short
SP:SPX   S&P 500 Index
The recent drop that SPX index experienced a few weeks ago changed

The long-term momentum to bearish, since then it seems the price move up

Slowly to reach the last high in order to collect more sell orders that waiting there,

I'll sell at the supply above, my first target is the demand below and the final

Target will be the support at the bottom. for the long-term, it considers as a

Continuation trade.

The5ers Funding Forex Traders & Growth Program. Get Funded with up to $2.56M
We Trade Forex - Come Join Us!
the5ers.com
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.