EXCAVO

SP-500 update 14.06.2023

Short
EXCAVO Updated   
OANDA:SPX500USD   S&P 500 Index
SP500
We have one downward channel that we broke and went up and formed a new upward channel.
We are near the resistance line of this channel, we also have a liquidity zone (red box), which we have partially collected, I would expect that we can collect more liquidity up to 4465 and after that I expect a corrective move down to the first target 4100.
The same picture we see in horizontal volumes
RSI on D1 is overbought

Best regards EXCAVO
Trade active
Comment:
4448
Comment:
its time? price - 4417.0

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