S&P 500 IndexShort
SPX500USD Leading Diagonal Triangle / outlook next week
Hi all,
From my view SPX has finished a bearish LDT and is now retracing / consolidating. I expect the retracement to stop at 50% which would coincide with the peak from FEB 20.
When this happens, you can expect a very sharp downwards movement to the level marked.
Cheers,
Merakshi
From my view SPX has finished a bearish LDT and is now retracing / consolidating. I expect the retracement to stop at 50% which would coincide with the peak from FEB 20.
When this happens, you can expect a very sharp downwards movement to the level marked.
Cheers,
Merakshi
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.