Mihai_Iacob

SP500- A new drop is just around the corner

Short
SP:SPX   S&P 500 Index
On Monday, the index has opened with a huge gap and in the next 3 trading days was trying to fill this gap.
However, the bulls are very weak, and this is more of a technical rebound, not buying pressure.
I expect a new leg down, and 4240 support can be the short term target

🚀 Elevate your trades with a 20-year market veteran!

📈 Forex & XAU/USD Channel:
t.me/intradaytradingsignals

💎 Crypto Channel:
t.me/FanCryptocurrency

🌟 Premium Contact:
t.me/IacobMihai
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.