Hey tradomaniacs,
SPX500 aswell as other Indicies had a rough start into the day and we finally see some healthy retracements❗️
Looking at SPX500 you can see that price is re-testing a very interesting zone of a potential reversal 👉
Considering how weak the Forexmarket reacts to the global sell-off I really doubt that we are going to see a continuation of the current move, unless fundamentals by Powell will cause more uncertainy.
If SPX500 moves up from here we might see trend-continuations in the Forexmarket and strong pumps.
Let`s see what the Wallstreet is going to do.👌
SPX500 aswell as other Indicies had a rough start into the day and we finally see some healthy retracements❗️
Looking at SPX500 you can see that price is re-testing a very interesting zone of a potential reversal 👉
Considering how weak the Forexmarket reacts to the global sell-off I really doubt that we are going to see a continuation of the current move, unless fundamentals by Powell will cause more uncertainy.
If SPX500 moves up from here we might see trend-continuations in the Forexmarket and strong pumps.
Let`s see what the Wallstreet is going to do.👌