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WILL THE SPX500 REACH NEW HIGHS OR WILL IT GO DOWN?

Long
S&P 500 Index (OANDA:SPX500USD)  
Forex48_TradingAcademy  
OANDA:SPX500USD   S&P 500 Index
Trend Analysis Chart Patterns Fundamental Analysis short LONG setup S&P 500 (SPX500) signals Forex service priceaction supply_and_demand
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1
trendanalysis chartpattern fundamental short long setup spx500 signals forex service priceaction supply_and_demand
On the SPX500, we have a bullish trend and a price that, after the approval of the US debt package, could reach the 4300 area where we have a supply zone in H1. The price could bounce before going back down to the 4130 area, creating a short setup according to the Forex48 strategy.

Let me know what you think.

Happy trading to everyone.




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