YuriyIvashchenko

Volume Spread analysis S&P500

Short
SP:SPX   S&P 500 Index
Yesterday at the opening of the US trading session, we saw a rapid decline in the SP500. Quotes in the moment reached the bottom at around 2692, after which buyers bought the price on a high trading volume. This redemption can be regarded as profit taking on short positions after the previous low. While signs of a reversal is not observed, and we continue to work from short positions. It is worth noting the key level of volume support of 2705-2693 and resistance of 2755. The conservative scenario for trading is short for a breakdown of 2693 with a target mark of 2650-2640! In case of leaving and fixing the price above 2755, we will temporarily cancel the bearish mood.
Volumetric analysis chart in volfix
i.gyazo.com/80d008d9...d8a4daae40f88269.png
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