S&P 500 IndexShort
SPX: Bearish outlook
Hello everyone.
We can see a recovery has been made on the weekly close from Friday. The performance on SPX has not been significant enough to fill the gap on the 3800 level and bearish bias remains.
An increase in volume has been indentified, however MA has mostly been untested.
Let me know your opinions below.
We can see a recovery has been made on the weekly close from Friday. The performance on SPX has not been significant enough to fill the gap on the 3800 level and bearish bias remains.
An increase in volume has been indentified, however MA has mostly been untested.
Let me know your opinions below.
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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.