SP500
Sunday, 6 November 2022
07:55 AM (WIB)
The market sentiment on SP500 is still Bearish Outlook. But the price developing bullish movement inside a mini ascending channel that might be a Bear Flag?
It’s been a long time not to see A Golden Cross in SP500 and it already happened but knocked down to below the middle channel. To keep the Golden Cross still alive, bulls need to develop a strong amount of volumes that stand around 3.600 points. From these base support lines, Bulls could move up and break out the bearish market double top resistance.
07:55 AM (WIB)
The market sentiment on SP500 is still Bearish Outlook. But the price developing bullish movement inside a mini ascending channel that might be a Bear Flag?
It’s been a long time not to see A Golden Cross in SP500 and it already happened but knocked down to below the middle channel. To keep the Golden Cross still alive, bulls need to develop a strong amount of volumes that stand around 3.600 points. From these base support lines, Bulls could move up and break out the bearish market double top resistance.
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