Looks like US markets have substantially digested the Trump tariffs. From now on, I don't see further big downside without any fresh bad news .Levels to watch S&P 500 for downside would be 5022 and 4934, and only after breaking 4934 decisively can we expect sharp downside movement towards 4757. On the upside, upon crossing 5138, we can expect strong short cover upto levels of 5363-5403.
ALL LEVELS ARE MARKED IN THE CHART POSTED!!!
ALL LEVELS ARE MARKED IN THE CHART POSTED!!!
Trade active
TARGET HIT!!!
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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.