jojofang0901

SPX Another Bearish run this week ?

Short
OANDA:SPX500USD   S&P 500 Index

Hi traders:

I am looking at SPX for the next bearish push down this week.

We can see price had a bearish run from previous parallel channel price action, but did not continue lower.

We then see price start to correct itself and have been in this ascending channel since.

Latest price action shows the LTF bearish impulse down within the ascending channel , and begin to form a flag structure for potential further downside.

I would wait and see if price has the momentum to push out of the current correction and look for sell entries down to the previous lows.

Thank you
I provide free trade analysis, market updates, interactions, live streams, educational videos and lessons.

Telegram: https://t.me/aeristrading
YouTube: https://www.youtube.com/user/jojofang0901
Instagram: https://www.instagram.com/aeristrading/

Comments

nice job here, thanks 🦐👍🏻!
+1 Reply
jojofang0901 plancton0618
@plancton0618, thx bud :)
Reply
If stimulus pass, I will see SPX @4200-4500 right one more time top before clash. If break below 3400 I will find entry for short.
Reply
no lol market are very sensitive rn u want to be neutral any stimulus deal will deffinitely see a resumption off to test the all time high
Reply
Do you think there will be no stimulus package before the US election
Reply
junetrouble Kendy_Sneaker
@Kendy_Sneaker, no one know gotta wait till tomorrow u want to be neutral
Reply
Excellent
Reply
Waiting for the channel break. 🐻‍❄️🙏😊😃
Reply
jojofang0901 PolarHusk
@PolarHusk, thx you
Reply
Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features Pricing Refer a friend House Rules Help Center Website & Broker Solutions Widgets Charting Solutions Lightweight Charting Library Blog & News Twitter
Profile Profile Settings Account and Billing Referred friends Coins My Support Tickets Help Center Ideas Published Followers Following Private Messages Chat Sign Out