S&P500 - Was this already the all time high?
SPX is still massively bullish on the smaller timeframes despite retesting strong resistance.Sometimes trading can be soo simple but yet rewarding. You simply have to buy the S&P500 at support and sell your position at resistance. At the moment, the S&P500 is once again retesting a resistance trendline, which has been pushing price lower for more than 14 years and there is just an extraordinary high chance that we will again see a rejection. Don't say I did't warn you!
Levels to watch: $5.600, $4.800
Keep your long term vision,
Philip - BasicTrading
😴|Swing Trader
💰|Stocks, Cryptos, Indices, Metals
💶|Keep your long term vision
👇🏻|Free "Trading Newsletter"
basictrading.net
💰|Stocks, Cryptos, Indices, Metals
💶|Keep your long term vision
👇🏻|Free "Trading Newsletter"
basictrading.net
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.