Hello colleagues!
Since 17 August 2023, we have changed the format of our ideas on tradingview.
Instead of medium-term forecasts, where we shared the main and alternative scenarios of price movements, we started publishing potential trades.
In addition, we backed these trades with specific amounts of money to show how cryptocurrency trading looks like in...
• Yesterday, the SPX broke the resistance at 3,911 for a brief moment, but by the end of the day, it lost momentum, couldn’t close above it, and it did a Shooting Star candlestick pattern;
• This could be just a pullback to the 21 EMA, but the fact it found a resistance at 3,911 again it is not good for the bulls;
• We warned about this on my previous SPX analysis...