SP500 (Y20.P3.E1).Danger zone
Updated
Hi,
After listening to some trusted resources, I am in agreement that this range of 3000 to 3200 will be when major profit taking will occur.
Its also the same time where dumb money will feel comfortable coming back in, thanks to the media promoting the financial markets lately.
It is also in alignment with the inverted BARR target.
What do they say?
Morgan Stanley predicts 'V-shaped' recovery on Fox Business
They, the Financial news media is the Epicentre of Douchedom!
> As a crypto trader, I'm aware how this market has correlation with Bitcoin.
> Hence I do see the SP500 moving past this resistance phase as its found support on this red band and it will try to regain its normal trend channel (as per my previous posts)
however the market makers have other plans.
Please give me a like or tick for this post.
Cheers,
S.Sari
After listening to some trusted resources, I am in agreement that this range of 3000 to 3200 will be when major profit taking will occur.
Its also the same time where dumb money will feel comfortable coming back in, thanks to the media promoting the financial markets lately.
It is also in alignment with the inverted BARR target.
What do they say?
Morgan Stanley predicts 'V-shaped' recovery on Fox Business
They, the Financial news media is the Epicentre of Douchedom!
> As a crypto trader, I'm aware how this market has correlation with Bitcoin.
> Hence I do see the SP500 moving past this resistance phase as its found support on this red band and it will try to regain its normal trend channel (as per my previous posts)
however the market makers have other plans.
Please give me a like or tick for this post.
Cheers,
S.Sari
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This community has signals now but with no risk management comms.
Telegram: t.me/TprospaTradersbot
This community has signals now but with no risk management comms.
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