S&P500 index is trading in a bearish trend.
The price keeps setting lower lows and lower highs.
Setting a lower high this week, the price is retesting a current low now.
Watching how the price was acting from the beginning of April,
it looks like we may drop again.
If the price sets a new lower low lower close on a daily,
I will expect a bearish continuation to 3750 structure.
Be prepared!
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✅Join My Telegram Channel: t.me/VasilyTrading
❗️YouTube Channel youtube.com/c/VasilyTrader
✅ Facebook: facebook.com/VasilyTrading/
⭐ My Forex & Gold Broker: bit.ly/vasilyforexbroker ⭐
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⭐ My Forex & Gold Broker: bit.ly/vasilyforexbroker ⭐
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.