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S&P 500 Index
Short
Updated

Hellena | SPX500 (4H): SHORT to the low of wave “a” 5920.

2297
Colleagues, the price reached the 5920 level too quickly, so I tend to believe that wave “2” is not completed. It should consist of 3 waves “abc” so I expect the low of wave “a” 5920 to be updated.

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Note
Price is showing us that the bulls are still strong. The 6083 level is still not updated, but I think it is not so important as our target is below and I expect to see a sell pattern.
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Friends, from now on I consider only short positions. The price reaches the resistance area of 6100 and I expect the beginning of the downward movement of wave “c”.
Hellena_Trade
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Chart Patternsforexsignalshellenahellenatradesignalservicesnp500S&P 500 (SPX500)Trend AnalysisWave Analysiswavetheory
Hellena_Trade
✅ Free TELEGRAM channel: t.me/HellenaSignals
🌅 INSTAGRAM: instagram.com/hellena_trader
Also on:

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.