Traders,
Here we have SPX on 4h chart.
We have:
1- Overbought on RSI will lead to bearish divergence in the next few days to fill the gap before the black day of the crash.
2-Double bottom chart pattern that had broken neck line with TP 3231 "Nice level to resist this bull run.
3-After confirming Bearish divergence on RSI will have Major support at 89 MA and lower one at 200 MA which is located at the first GAP of Mid May
If it all goes well I'll update this idea Like if you want updates.
Regards,
Here we have SPX on 4h chart.
We have:
1- Overbought on RSI will lead to bearish divergence in the next few days to fill the gap before the black day of the crash.
2-Double bottom chart pattern that had broken neck line with TP 3231 "Nice level to resist this bull run.
3-After confirming Bearish divergence on RSI will have Major support at 89 MA and lower one at 200 MA which is located at the first GAP of Mid May
If it all goes well I'll update this idea Like if you want updates.
Regards,
Note
Market analysis, scalping calls, Binance Alts signals and real time news & Sentiment on:
Telegram: t.me/MO_Trading
Twitter: twitter.com/MoTradr
Telegram: t.me/MO_Trading
Twitter: twitter.com/MoTradr
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.
Market analysis, scalping calls, Binance Alts signals and real time news & Sentiment on:
Telegram: t.me/MO_Trading
Twitter: twitter.com/MoTradr
Telegram: t.me/MO_Trading
Twitter: twitter.com/MoTradr
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.