US500
US500 is heading towards the 0.382 Fibonacci level at 3800,
🐻If the price breaks through this support area, the US500 will change the global trend for several years.
👌We expect to see an upside correction from the 3750 - 3850 area at least to 4200. We suggest you search for any reversal patterns on US500 in this area.
Buy Entry: 3800
SL: below 3750
TP: 4200
Risk-reward: 1:8
🐻If the price breaks through this support area, the US500 will change the global trend for several years.
👌We expect to see an upside correction from the 3750 - 3850 area at least to 4200. We suggest you search for any reversal patterns on US500 in this area.
Buy Entry: 3800
SL: below 3750
TP: 4200
Risk-reward: 1:8
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.