Get started
S&P 500 Index
Short
Updated

SPX500 Reversal setting up (Possible Short)

378
SP500 have been trading with in a multi sessions bullish channel with price action just making marginal highs, current price action approaching almost the top of the resistance channel where I am seeing fresh falls taking place.

Higher time frames picture is still bearish with momentum on all across the bigger picture still bearish. Keep an eye on this market for a possible good medium term trade.

Good Luck.
Trade active
snapshot
Trade closed: target reached
snapshot
UmarAbdurRehman
Also on:
Chart PatternsTechnical Indicatorssp500futuresp500indexSPX (S&P 500 Index)S&P 500 (SPX500)spx500shortSPDR S&P 500 ETF (SPY) Trend Analysis

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.
Chart PatternsTechnical Indicatorssp500futuresp500indexSPX (S&P 500 Index)S&P 500 (SPX500)spx500shortSPDR S&P 500 ETF (SPY) Trend Analysis
UmarAbdurRehman
Also on:

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.