Forex_Times

⚠️ S&P500: will there be a profitable buying opportunity?

Long
CURRENCYCOM:US500   US 500
Over the past trading day, the week's balance test (4320.5) and the subsequent rise have been successfully worked out, realising the main scenario.
There is a possibility of a corrective decline during the second half of the current trading week and an additional medium-term bullish buying at the best prices.
The nearest support in this case is a limit buyer (4341.2).
In case of a rebound and fixation above the limit buyer (4341.2) the nearest upside target before the currency close will be the limit seller (4371.6)
🤔 Like the idea? 👍 like it ✍️ write a comment
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.