Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
📈 As per my latest US500 analysis (attached to the chart), it rejected the blue circle zone and surged by over 5%.
What's next?
🏹 As long as US500 remains within the short-term rising channel marked in red, any bearish movement toward the lower red trendline should be considered a correction and a potential opportunity to look for trend-following long positions.
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly! ~Rich
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
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.
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.