dionthas
Short

SP500 will go further down the next weeks

SPCFD:SPX   S&P 500 Index
Today (26.08.19), Pre markets were down at first with the China trade war in focus. Then turned positive with China trade war optimism and Trump saying that "we are getting back to the table". My personal view is that we will go further down the next weeks, especially if we break the flag at 2840 for the SP500 .
are you sure , about go down?
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dionthas artizan777
@artizan777, there is a lot of uncertainty about China trade war so this is more likely to happen. Everything is possibilities but if we break the flag down, then yes we will go further down. On the other hand we need the sp500 to go up around 4% to confirm a new uptrend.
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artizan777 dionthas
@dionthas, 4% from what level?
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dionthas artizan777
@artizan777, from where we are now.
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artizan777 dionthas
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