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Mathsio
Jun 12, 2020 7:48 AM

S&P FOUND SUPPORT OR ANOTHER REJECTION? Short

US SPX 500OANDA

Description

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.
Comments
thrilledBeer78988
“So long as earnings don’t justify the prices we are paying, markets will continue to fall.”
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