S&P500 wedge broken confirmed, potential target 2650
This is another update on recent S&P500 price actions.
Short-term ascending wedge broken was confirmed on last night's future trading session.
Once the market moved out of the current zone, 2650 will be a target to look at.
The market is news driven. Although technical analysis points to a clear intermediate decline, nobody knows what the Fed and the White House have to say. A tight stop loss for short sellers is preferred.
GL trading and plz put your own bet!
Short-term ascending wedge broken was confirmed on last night's future trading session.
Once the market moved out of the current zone, 2650 will be a target to look at.
The market is news driven. Although technical analysis points to a clear intermediate decline, nobody knows what the Fed and the White House have to say. A tight stop loss for short sellers is preferred.
GL trading and plz put your own bet!
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.