Spx500 8h -Bearish possibility - Enter off LH which is also right shoulder. Already hit the 61.8 fib level at last high and rejected. Currently 200MA is acting as resistance. LH on macd, divergence starting. Bullish possibility - Stop loss below last low, market structure says bullish. Strong bounce off the lows.
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.