tradersedgeray

SPX500 and the golf war

SP:SPX   S&P 500 Index
I see a bearish engulfing on a monthly chart after a parabolic bull run,

shit this does not look good but hey the trend is still intact for now but this should be a sign of caution.

demand zone is 3200 if shorting the path of least resistance, invalidation of trade if this level hold new ATH would become more probable.

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