sdzd1234

SPX last chance in liquidity crisis

sdzd1234 Updated   
OANDA:SPX500USD   S&P 500 Index
SPX might form local bottom around $2400 It could go up us much as $3300 before going lower
Order cancelled:
it should go lower as oil is getting hit, then we could see even 2000s at the end this month (probably reversal)
Comment:
expecting only small bounce this week. But overall it will go down
Trade active:
I have to reactivate this idea
Trade closed: target reached:
The goal has been reached, it doesn't mean that the economy is healthy, IMO is not. I was expecting the rebound due to this sharp crash. A flash crash usually leads me to this assumption

----------------
"
Market will inflict maximum pain on the maximum amount of participants axed in "maximum size" on the wrong side of any trade.
"
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.