dhananjay.d.joshi

SPX500 is in down trend and this is possible map for price move

FX:SPX500   S&P 500 Index

We can visit 1738 going for 23/27 % level of Fibonacci, One needs to be quick in booking profits using demand and supply zones.

Levels are mentioned on the charts.
Target hit , we are in supply zone and will have to weit for next directional guidence from price.
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If price closes below current supply zone then exit the trade..
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As we expected price paused at supply zone, one can wait for brake for current supply zone or can short with target of demand zone below.
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