vikinsa

SNP500 (SPX) Upper Target Has Reached, Next Plan

Short
OANDA:SPX500USD   S&P 500 Index
Traders, SNP500 has reached our target of 3656 and now it is falling. I am short biased on this now but there can be one last push higher. If comes above 3656 then we will look for short trade opportunity in the FCPzone ( Fibonacci Confluence Pattern Zone) around 3700. Else the next target is 3600.

As this is the last week of the month and that too a short one due to Thanks Giving, be extra careful.


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Take care and trade well
-Vik

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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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