TradeApe
Short

SP500 short to medium term

FX:SPX500   S&P 500 Index
The weekly chart shows a lack of true momentum, so I'm only after shorter term trades at the moment.

The daily chart suggests the bears are more in control with D- crossing the 20 level. ADX bounced off that 20 level too and should it continue to rise while bears are in control, we could get a decent down move.

Should 2043 break, I'll be in favor of a short potentially down to 1960. Depends a bit on momentum going forward, but for now my medium term bias is short.

Above 2043 I'm more in favor of longs, but not exactly excited about it given the clear lack of momentum on the weekly chart.
Still waiting...
Reply
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out