Since January 2022, the US500 has been experiencing a downtrend. Recently, the price has broken through the trendline and subsequently retested it, indicating a bullish signal. I predict that the price will continue to move towards my target zones.
However, it is possible that the price may remain within a certain range for a period of time, or even fall below the trendline. Nonetheless, my overall bias remains bullish.
What do you think? like and comment below
However, it is possible that the price may remain within a certain range for a period of time, or even fall below the trendline. Nonetheless, my overall bias remains bullish.
What do you think? like and comment below
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Related publications
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.