SPX500 - BEARISH SCENARIO 📉
Updated
Hello Traders !
On Thursday 11 January, The SPX500 Reached a Strong Resistance Level (4792.00 - 4817.20)
The Price Formed a Double TOP Pattern.
So We Have a Bearish Scenario:
If The Market Breaks The Neckline and Closes Below That,
We Will See a Bearish Move...
TARGET: 4704.00🎯
On Thursday 11 January, The SPX500 Reached a Strong Resistance Level (4792.00 - 4817.20)
The Price Formed a Double TOP Pattern.
So We Have a Bearish Scenario:
If The Market Breaks The Neckline and Closes Below That,
We Will See a Bearish Move...
TARGET: 4704.00🎯
Comment
Currently, The Neckline is BrokenSo, I Expect a Bearish Move📉
🟩TELEGRAM CHANNEL : t.me/+6G3utzu-7L03NmZk
Related publications
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.