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vikinsa
Jun 6, 2020 3:00 PM

#SNP500 #SPX Has Completed The Bearish Pattern But... Short

US SPX 500OANDA

Description

Traders,

The SNP500 has completed a bearish W pattern but also has finished the week strongly. This can lead it to a higher zone too if it finds momentum again. Pattern will still be valid if it reaches higher zone.


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Disclaimer:
The content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of education only. Not a financial advice or signal. Please make your own independent investment decisions.
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Comments
lamsa66
Yes the Fed is feeding it to go higher next week !
miganga
If the fed can ever stop buying etfs.
Frankson8
It seems S&P kept moving higher and higher. Pretty tough to short it ..
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