After the Big run up, since October, we stop, and start a channel down, that ended 19th April.
Since than, the S&P, forms another channel, and right now at the top of the channel (resistance), that open a little bit higher, try to go beyond, but fail
So, my perspective is, that we must go to the support (the line on the bottom of the channel),
Strategy - SELL
TARGET - 5135
Since than, the S&P, forms another channel, and right now at the top of the channel (resistance), that open a little bit higher, try to go beyond, but fail
So, my perspective is, that we must go to the support (the line on the bottom of the channel),
Strategy - SELL
TARGET - 5135
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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.