Mathsio

S&P FOUND SUPPORT OR ANOTHER REJECTION?

Short
OANDA:SPX500USD   S&P 500 Index
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5
We can se yesterday’s daily candle found some support on the 100 moving average . Today we started the day of by pumping pack up again into the 21 EMA . Will the price action get rejected from 21 EMA? I don’t t know but it i still opened up a short position in that area simply because the risk is pretty easy to manage.
What do you think. Do we resume upwards or continue down? Leave your opinion in the comments.
💥[POW] 💥 The whole is greater than the sum of its parts

Comments

“So long as earnings don’t justify the prices we are paying, markets will continue to fall.”
+1 Reply
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