S&P500 Index (SPY) Important Breakout & Bearish Outlook 📈
After 1 week of consolidation within a horizontal trading range,
this morning S&P500 broke and closed below its support.
Taking into consideration that the market is trading in a minor bearish trend
from the beginning of April, that breakout will most likely trigger a further decline.
Goals:
4340
4300
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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 ⭐
❗️YouTube Channel youtube.com/c/VasilyTrader
✅ Facebook: facebook.com/VasilyTrading/
⭐ 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.