Hi everyone:
SPX 500 has finally show some bearish price action, as the daily chart has once again hit around the 2400.00 price. Now the 4 hr chart broke down support trend line, forming a lower high. Good to go short to the daily supports.
Thank you for your feedback and support.
SPX 500 has finally show some bearish price action, as the daily chart has once again hit around the 2400.00 price. Now the 4 hr chart broke down support trend line, forming a lower high. Good to go short to the daily supports.
Thank you for your feedback and support.
Note
Note
price action did not find resistance at the desire zone, and continue to go up. No trade was taken. Important to understand if the price action does not line up with your strategy, then do not be rush to jump into the trade.
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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.