S&P 500 IndexShort
InvestMate|S&P500 Strong support zone ahead📉
📉S&P500 Strong support zone ahead
📉As I wrote recently after the sharp double top breakout and decline about the possibility of a continuation of the declines, I was not wrong:
📉There was another dynamic wave of declines that pierced the last local lows
📉 I moved the resistance zone near the border of the last downward gap.
📉 I left the support zone unchanged.
📉 Looking at the fact that we pierced both 50 and 200 moving averages and the MACD and RSI present very pro-decline signals. I am not worried about the direction of the price.
📉 The scenario remains unchanged, continuation of declines to the vicinity of the support zone. I'm aware of the possibility of a correction at any time, this should be taken into account, If the outlook changes I will publish a post with an update, so I encourage you to actively follow the profile and read the description carefully.
🚀If you appreciate my work and effort put into this post then I encourage you to leave a like and give a follow on my profile.🚀
📉As I wrote recently after the sharp double top breakout and decline about the possibility of a continuation of the declines, I was not wrong:
📉There was another dynamic wave of declines that pierced the last local lows
📉 I moved the resistance zone near the border of the last downward gap.
📉 I left the support zone unchanged.
📉 Looking at the fact that we pierced both 50 and 200 moving averages and the MACD and RSI present very pro-decline signals. I am not worried about the direction of the price.
📉 The scenario remains unchanged, continuation of declines to the vicinity of the support zone. I'm aware of the possibility of a correction at any time, this should be taken into account, If the outlook changes I will publish a post with an update, so I encourage you to actively follow the profile and read the description carefully.
🚀If you appreciate my work and effort put into this post then I encourage you to leave a like and give a follow on my profile.🚀
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💲 To keep up to date with all my activities I invite you to visit my Telegram 💲
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💲 To keep up to date with all my activities I invite you to visit my Telegram 💲
💲 t.me/Investmatez 💲
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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.
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💲 To keep up to date with all my activities I invite you to visit my Telegram 💲
💲 t.me/Investmatez 💲
🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌
💲 To keep up to date with all my activities I invite you to visit my Telegram 💲
💲 t.me/Investmatez 💲
🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌
Related publications
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.