S&P 500 IndexShort
S&P about to make a 2nd Leg down
Updated
This current week of April 7 - May 1
Currently tapping important level of 2880 which is both historical level and April high and we are almost done with the month here. As of now it looks like double top on weekly.
Daily TF is the one to watch for the close over or under this major level
Closing under is a sign of reversal which is what I am expecting to happen.
Currently tapping important level of 2880 which is both historical level and April high and we are almost done with the month here. As of now it looks like double top on weekly.
Daily TF is the one to watch for the close over or under this major level
Closing under is a sign of reversal which is what I am expecting to happen.
Note
Correction:Monthly close is the best sign for the reversal right now
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.