S&P500 wedge broken confirmed, potential target 2650
This is another update on recent S&P500 price actions.
Short-term ascending wedge broken was confirmed on last night's future trading session.
Once the market moved out of the current zone, 2650 will be a target to look at.
The market is news driven. Although technical analysis points to a clear intermediate decline, nobody knows what the Fed and the White House have to say. A tight stop loss for short sellers is preferred.
GL trading and plz put your own bet!
Short-term ascending wedge broken was confirmed on last night's future trading session.
Once the market moved out of the current zone, 2650 will be a target to look at.
The market is news driven. Although technical analysis points to a clear intermediate decline, nobody knows what the Fed and the White House have to say. A tight stop loss for short sellers is preferred.
GL trading and plz put your own bet!