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benedekdomotor
Jun 25, 2020 12:35 PM

Drink a beer and wait 

US 500Currency.com

Description

We are currently in no man's land. Like I wrote it in the title, I would wait for a clear trend.
US 500 is at a support level, which might break soon... or not, nobody knows!
I see two scenarios right now:
1.
>If 3018 support breaks, we might test some lover levels like 2944 or even lover ones(2867 >78.6 fib level)
2.
>IF and that is a big if, 3040 resistance level breaks and holds, then we might see the 3120 levels

Be careful out there
Comments
benztan99
unless Fed close water tap, if not bear cant walk near .....
benedekdomotor
@benztan99, Fed, and bears are natural enemies
Brian1688
Smell the bearish ...bear is otw
Starlinkbtc
when the going gets tough, the tough get going.
scheplick
Too early for a beer but maybe in a few hours? Like your commentary and agree in this market.
benedekdomotor
@scheplick, This market is the weirdest place to be in right now :D
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