SP500 Outlook

FX:SPX500   S&P 500 Index
My technical analysis is always about currencies, but SP500 is now bearish . I didn´t include Ichimoku to have a clean chart, but the technical picture is supported also by a Wolve Wave Pattern. I´m expecting 2040 area as first target and 1980 next.

6 Trading Rules :

1. Never add to a losing position .
2. Don´t be the first to buy low and sell high .
3. Think like a fundamentalist, trade like a technician .
4. Keep your analysis simple
5. Start small and increase exposure when trend is confirming your analysis
6. The hard trade is the right trade


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.