S&P 500 IndexShort
Most probable scenario for this week!
looking at the daily charts and hourly charts, convinced me there will be a Neutral to Bearish week ahead!
1Hour chart:
In the daily charts, you can see Major indexes out of a (-3,+3) Regression channel which could be considered that the previous rally since early has finished for now! and some correction or consolidation is more likely!
But the story for Tesla, AMD, and NVDA, could be more bearish!
Best,
Moshkelgosha
DISCLAIMER
I’m not a certified financial planner/advisor nor a certified financial analyst nor an economist nor a CPA or an accountant or a lawyer. I’m not a finance professional through formal education. The contents on this site are for informational purposes only and do not constitute financial, accounting, or legal advice. I can’t promise that the information shared on my posts is appropriate for you or anyone else. By using this site, you agree to hold me harmless from any ramifications, financial or otherwise, that occur to you as a result of acting on information found on this site.
1Hour chart:
In the daily charts, you can see Major indexes out of a (-3,+3) Regression channel which could be considered that the previous rally since early has finished for now! and some correction or consolidation is more likely!
But the story for Tesla, AMD, and NVDA, could be more bearish!
Best,
Moshkelgosha
DISCLAIMER
I’m not a certified financial planner/advisor nor a certified financial analyst nor an economist nor a CPA or an accountant or a lawyer. I’m not a finance professional through formal education. The contents on this site are for informational purposes only and do not constitute financial, accounting, or legal advice. I can’t promise that the information shared on my posts is appropriate for you or anyone else. By using this site, you agree to hold me harmless from any ramifications, financial or otherwise, that occur to you as a result of acting on information found on this site.
Use the following link to access trading ideas: patreon.com/SniperTraderStocks?utm_medium=unknown&utm_source=join_link&utm_campaign=creatorshare_creator&utm_content=copyLink
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.
Use the following link to access trading ideas: patreon.com/SniperTraderStocks?utm_medium=unknown&utm_source=join_link&utm_campaign=creatorshare_creator&utm_content=copyLink
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.