Mixed signals from the S&P !
The recent months were very positive for bulls with a July monthly candle finishing above all resistances which could lead to a new bull market. However since things has turned quickly and the SP is now falling back below the resistance it broked. August has the possibility to be a very important month, personnaly I will wait to see where the monthly august candle close before deciding if I am long or short.
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.