I've a very bearish view about SPX in the mid term.
I think that a very strong bearish moving will start from about 4054 to 1st target 3145 area and final target [2690,2800] area where the long term bullish trend will resume to target 5800 at the end of 2024 starting of 2025
I think that a very strong bearish moving will start from about 4054 to 1st target 3145 area and final target [2690,2800] area where the long term bullish trend will resume to target 5800 at the end of 2024 starting of 2025
Trade closed manually
Short from 4050 closed, once broken the descending channel a strong recovery is possible with targets 3300 a 3540 before dump. In any case I see a return to 2700 area
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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.