SPX500USD: Will Collapse! SELL!
My dear subscribers,
Please, find my technical outlook for SPX500USD below:
The price is coiling around a solid key level - 4337.3
Bias - Bearish
Technical Indicators: Pivot Points Low anticipates a potential price reversal.
Super trend shows a clear sell, giving a perfect indicators' convergence.
Target - 4299.4
Safe Stop Loss - 4260.9
About Used Indicators:
On the subsequent day, trading above the pivot point is thought to indicate ongoing bullish sentiment, while trading below the pivot point indicates bearish sentiment.
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