Lets take a look at 
SPX500USD at start of the Monday and being ready for the week.
Last Week:
well, as you may know last week was a struggle and flashy crashy market for all and at least about 80% of indexes was turning red in Friday amid US and China trade war escalation.
Start Of the Week:
Personally I think the market will open with huge gap in down side and flame the Fear factor for the start of Monday.
Horizon:
Well, during 2018-2019 trade war showed us that this romance not gonna end soon and this story will continue at least 3-6 months. And if any tension rises, the markets will shot again.
4H Time Frame:
As you can see, the index passed trough the latest Demand zone and heading to Supply zone. this area may good for some buyers to take action for catching or creating correction for Friday's move. if this will happen the price would go in $6580 area. and make some range towards 1st of November.
✔️ Personally, I’m waiting and observing for market re-action for THIS first day of market.
SPX500USD at start of the Monday and being ready for the week. Last Week:
well, as you may know last week was a struggle and flashy crashy market for all and at least about 80% of indexes was turning red in Friday amid US and China trade war escalation.
Start Of the Week:
Personally I think the market will open with huge gap in down side and flame the Fear factor for the start of Monday.
Horizon:
Well, during 2018-2019 trade war showed us that this romance not gonna end soon and this story will continue at least 3-6 months. And if any tension rises, the markets will shot again.
4H Time Frame:
As you can see, the index passed trough the latest Demand zone and heading to Supply zone. this area may good for some buyers to take action for catching or creating correction for Friday's move. if this will happen the price would go in $6580 area. and make some range towards 1st of November.
✔️ Personally, I’m waiting and observing for market re-action for THIS first day of market.
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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.
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.