SPX500 Resistance zone, be aware, early SHORT Opportunity
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Dear All, this idea is based on the fact the price has reached the resistance zone and since the news are sooo good I wouldn't be surprised this is just a beginning of the further drop and probably hitting the target of 3k
This is just an idea not a trading advise! S/L highly recommended (above the resistance zone)
Trade active
unless the price candle closes above 4040 this trade is still active and heading for south
Note
just to explain-4040 is the price above the daily EMA 200
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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.