MoneyProphet

SPX holding above 200D MA on a 1HR timeframe. NO REVERSAL YET!

Long
SP:SPX   S&P 500 Index
I am using long term 200D MA on SPX 1HR chart. Price is holding and gained a bit of strength. Short term MA's are curling. I remain worried about the overall strength of this market, but I won't make my exit as of yet. My downside trade will be long HSD (S&P 500 2x Bear ETF). MoneyProphet on Twitter. FOLLOW and PM me for private group trader chat with professional traders.

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.