ArShevelev

SP 500 — EMA21 Breakout or Rejection?!

ArShevelev Updated   
TVC:SPX   S&P 500 Index
Hello, today want to share with you SPX chart.

First of all, thanks everybody who liking and commenting ideas, I really like to spend time talking with you.

Now let's discuss the movement of US stock market.

I see price on daily chart reaching the EMA21.
I think we facing this resistance and market is heading to 2750 zone.
Why?
Because price opened and filled last gap on 2579.
But we have new gap on 2512.
Yes, this gap can be filled as well, if we going to see new wave of panic around the world.
Let's hope this won't happen.

Please don’t follow any analyst blindly.
If you following somebody with good Risk/Reward and Win Ratio.
Without risk management and allowing yourself to lose some trades, you won’t be good trader/investor.
Always use stop loss to prevent yourself from losses.
Make sure you understand and afford the risk. Please.

ATTENTION: Dear followers please consider to appreciate my ideas on tradingview with your likes, this will help bring more quality content in next trading ideas. And if new to my work, and you like it, you can Follow my page to receive ideas in your Ideas Stream. Thanks 🤝😊

Thank you for reading my thoughts, share your explanation about US stock market in comments.

If you want me to check other markets (EU, INDIA, CHINESE, JAPANESE) let me know.


Stay tuned to Artem Crypto
Trade active:
Now we see breakout, and it seems like market is going to have upward move:
I will start buying small positions in stocks for mid term, but keep in mind risks
Trade closed: target reached:
Reached 2750. Interesting price action!

Possible to reach 3k this week. But better to see how it will develop tomorrow
Trade active:
Looking for this gap filled today or tomorrow. Good to enter some trades in dips.

🔵 🟡 𝗙𝗥𝗘𝗘 & 𝗣𝗥𝗘𝗠𝗜𝗨𝗠 𝗜𝗻𝘀𝗶𝗴𝗵𝘁𝘀: t.me/+5hlxWmhHaKplN2Rk

Enjoying the content? Here's a free way to show your support!
Sign Up and get Special Bonuses:
🔵 toobit.com/t/ArShevelev 🔵
🟡 bybit.com/b/ArShevelev 🟡
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.