Short

US500 BEARISH REVERSAL!

Hello Traders and everyone, I am Hadi Karaali, Known as SNIPERS_FX

If you like the idea, do not forget to support with a like and follow.

S&P QUICK UPDATE

As we can see price is still overall bullish trading inside this rising channel, price is making clean higher highs and higher lows,
From a short-term perspective.

However, price is still around a strong resistance zone, and still looking for bearish movements.

Meanwhile, for the bears to kick in we need a new swing low to be formed around the rising trendline then a break.

Until that price is still overall bullish trading inside this channel.


If you like this kind of analysis don't forget to like and follow

and as usual follow your trading plan and manage your risk.

Be patient and good luck!
Chart PatternsSupport and ResistanceTrend Analysis

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