the5erstrading

Long Term Analysis SPX500 12/10/2018

Short
SPCFD:SPX   S&P 500 Index
The SPX500 0.42% has created a fresh new supply at the beginning of the recent drop. This supply seems like a strong one, the price drop down from there very fast which Indicates more sell orders that waiting there. I'll wait for the price to return that supply And I'll sell there, my target will be the support zone below, and for those who want to try and Take it further, 2500.00 is the next target.
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