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EXCAVO
Jun 14, 2023 5:31 PM

SP-500 update 14.06.2023 Short

US SPX 500OANDA

Description

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
Comments
rodfraja
@EXCAVO can you update this please?
arcone
This could be a fakeout.
macinowa
Still in short? Market has deviated considerably from your projection, which btw seemed perfect at first.
Mihai_Iacob
Great outlook
Well analyzed
mpd
I expect a new ATH @ around 4900 before massive crash (BTC will crash together with SPX)
zaqaz123
where is your stop loss? looks like it only goes up nowadays
ifeanyichukwu_E
Using ICT conepts now I see
FuturesTradex
sp can reach max 4500
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