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the5erstrading
Mar 18, 2018 8:46 AM

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

S&P 500SP

Description

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.
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