Hello Everyone i want share my idea about US500 price action.
after touch weekly Support US500 with only one touch start aggressive and bullish movement to upside which broke strong daily support without any seller. its going upside pretty strong which still don't have seller. i think this is one of the main reason falling of dollar. But where is seller interesting price?
I marked some resistance where we had last time strong bearish movement start at 2022 year. I think there will be still sellers, if Fed will not drop Interesting rate US500 will continue push higher and higher. my interesting price will be at weekly resistance which is possible LVL to see price downside movement. I have 3 Scene for price action which i am waiting.
BE PATIENT!!! ALWAYS MAKE YOUR OWN RESEARCH!!!
after touch weekly Support US500 with only one touch start aggressive and bullish movement to upside which broke strong daily support without any seller. its going upside pretty strong which still don't have seller. i think this is one of the main reason falling of dollar. But where is seller interesting price?
I marked some resistance where we had last time strong bearish movement start at 2022 year. I think there will be still sellers, if Fed will not drop Interesting rate US500 will continue push higher and higher. my interesting price will be at weekly resistance which is possible LVL to see price downside movement. I have 3 Scene for price action which i am waiting.
BE PATIENT!!! ALWAYS MAKE YOUR OWN RESEARCH!!!
Comment:
it touch to resistance zone, we got strong rejection couple minutes ago, lets see if will be that resistance strong.
I would like to see some strong liquidity swing when it will touch then i will try catch some movement which i will share with signal.