rsoriano

Correction is Inevitable with the Markets

Short
rsoriano Updated   
FX:SPX500   S&P 500 Index
There is a very high probability that the markets (SP500 and DOW30) is going to correct next week. There are a lot of high impact news next week and the markets will do whatever it wants to do at the end of the day. Overall, the markets like the SP500 are still in an up trend and if 3026.2 breaks, the continuation of the markets like the SP500 will keep going.

Short to medium term bearish, long term bullish
Comment:
Correction was established and today, SP500 broke 3026.2 and the trend continues.

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.