after the sharp drop in the indices we expect a rebound in the J225.
we will wait for a rebound to seek entry in shorts when the time is right.
The low rating given by Fitch to the USA from AAA to AA+ has pushed the Sp500 down and with it the other international index.
The price marked a low at 31677 . what we are looking for is that the price goes directly to 50% Fibo right at the 32565 level and from there it falls to 30550.
we will wait for a rebound to seek entry in shorts when the time is right.
The low rating given by Fitch to the USA from AAA to AA+ has pushed the Sp500 down and with it the other international index.
The price marked a low at 31677 . what we are looking for is that the price goes directly to 50% Fibo right at the 32565 level and from there it falls to 30550.
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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.