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MoneyProphet
May 4, 2020 10:21 PM

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

S&P 500SP

Description

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.
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