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DeGRAM
Feb 23, 2021 9:14 AM

US500 drop in channel Short

US 500Currency.com

Description

My past predictions have come true.
one

2

3

The price returned to the growing channel in November.
breaking through support 3457.3.
After that, long-term growth began.
The price came to the upper channel line (porosity) only a week ago.
I touched it in the area of 3940.4 and began to fall.
I expect the price to drop to support.
The target is 3646.6.

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Share your opinion in the comments and support the idea with likes.
Thank you for your support!
Comments
Lingrid
Biden has big problems, as data on the US business activity index and home sales were released today, which indicate that the US economy is recovering even without Biden's stimulus.🤔
DeGRAM
@Lingrid, I think this is not a problem, but a relief.

let's see where this leads.
UnknownUnicorn15614419
Very accurate channel, thank you friend! However, making a forecast on the daily TF is a very daring decision. What do you think about the nearest price movements?
DeGRAM
@TradingStat, This is a long-term forecast.

I expect to fall.
TradingAlchemist
let's see how it goes from here. for now it is overall bearish
DeGRAM
@TradingAlchemist, I agree with you.

We'll see.
Solldy
As we can see, the price is not ready to fall yet! The price stands still! Why?
DeGRAM
@Solldy, Pay attention to the TF - this is a daily chart, the movement is smaller and slower on it.
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