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Sp500analysis

SPX SP 500 LONG But possible Trendchange to come Hello to all who follow my charts. Today has been an interesting day. Of course, the S & P 500 was still long and continued up the long trendline But today we experienced a reversal day and that always does not bode well for the respective trend direction. The day started normally, then went much higher in the end but to go deeper from the market. A reversal just. Often, such a reversal day announces a turnaround. So please be careful with long positions currently. We have to see tomorrow what happens. If SP 500 continues to move up the trend line, negate the Reversel signal or begin to tip over the trend lines. We will have to take a close look. Currently, the long scenario is definitely at risk. ---------------- --This information is not a recommendation to buy or sell. It is to be used for educational purposes only .Alllways do your own research--- ----------------
CME_MINI:ES1!Long
by Renkotrade
SPX LONG S&P 500 Taken out The Resistance on Daily ViewHello to all who watch my charts. Contrary to the opinion of many here is in my view S & P 500 a Long Setup. As you can see we had it at the beginning of March a short trend which I marked with the orange trend lines. Now, however, the index has risen above all short resistance and has both major resistance levels which I marked purple. In the near future no direct resistance is to be seen. Next is at around 2870 That's why I see these Index in a long trend. To be cautios here , its needed that SPX fall below 2800 and 2786 at end of day chart If that wil happen the long setup is gone. ---------------- --This information is not a recommendation to buy or sell. It is to be used for educational purposes only .Alllways do your own research--- -----------------
CME_MINI:ES1!Long
by Renkotrade
1
Which side will the #sp500 choose?For the past 14 days, the price of the S & P500 has been stuck between 2767 and 2813. We believe that because of the wait for Trump and China, will they reach an agreement or not? If the Chinese and the Americans reach this agreement, it is good for sp500 and if not is bad, All this in terms of Fundamental Analysis, In terms of technical analysis we see in the graph above that we are really close to serious resistance, in case the sp500 will succeed in breaking the resistance the increase in the index will be serious, Since we are at the bottom of the last 14 day range and the trend is uptrend we recommend buying with a lot of caution Buy SP500: Stop loss: 2760 Take Profit: 2910
SP:SPXLong
by xosignals