SELL S&P500
Updated
Stocks market is about to close and I really like the pin bar that has formed with the wick on this weekly resistance.
Also, Powell was talking in the FOMC minutes about a recession later this year, with a recovery over the subsequent two years.
SL above the wick and TP at 4000, potential next support level
Also, Powell was talking in the FOMC minutes about a recession later this year, with a recovery over the subsequent two years.
SL above the wick and TP at 4000, potential next support level
Comment
Im still in, I've increased my stop yesterday. The risk was still ok.US indices are down now on bad retail sales data.
Trade closed manually
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.