S&P 500 IndexShort
S&P 500 makes island top today indicates more selling to come 5%
Bearish case - Island top reversal made today suggests further selling unless the gap can be closed
Expect the price to move back to the 200EMA which is 5% away
If it does not stop there it could be a small trend change as it happened on NFP non farm payrolls day
Not advice only for educational purposes
Expect the price to move back to the 200EMA which is 5% away
If it does not stop there it could be a small trend change as it happened on NFP non farm payrolls day
Not advice only for educational purposes
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.
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.