This is our view on the current state of the sp500 index
As per the chart above tells us that we are in a clear downward channel with lower highs and lower lows
we have used various ACW Strategies to determine the optimal buy and sell entry levels for the current price action
we see a high possibility of price heading towards the sub 3300 level
we have a few numbers on our chart namely 3365 - 3347 area
if you found this helpful kindly hit the like button and follow us for more great ideas
much love and appreciation
Alpha Capital Wealth
As per the chart above tells us that we are in a clear downward channel with lower highs and lower lows
we have used various ACW Strategies to determine the optimal buy and sell entry levels for the current price action
we see a high possibility of price heading towards the sub 3300 level
we have a few numbers on our chart namely 3365 - 3347 area
if you found this helpful kindly hit the like button and follow us for more great ideas
much love and appreciation
Alpha Capital Wealth
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.
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.