Zaks_ForexSignals1

US500 Short it

Short
CURRENCYCOM:US500   S&P 500
Greetings Traders this is my analysis for US500,and it is short.

We can see on the chart that the price is managing itself for a downtrend movement.

The price will decline in a downtrend movement to the Supply Level .

Then if the price manages to go for a Uptrend Movement to the Resistance Line then we can Short it.

Now the price has reached the half way from the Resistance line ,patience is the key.

Traders make your own analysis before trading.

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Thank You!

Comments

I agree, just like all indices. keep going dear Zaks
+1 Reply
Great analysis again. Thanks for sharing!
Reply
good explanation
Reply
nice and do agree with a possible bearish reversal in the near future thx
Reply
Good one mate
Reply
thanks for your chart
Reply
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