SPX500 short term move
Updated
The weekly candle closed bearish, I expect it to move until 4000 at least.
On the higher timeframe, If we manage to break above 4500, then My previous bearish bias will be invalidated.
I think we should have some sideways movement for few months.
Disclaimer - This analysis alone DOES NOT warrant a buy or sell trade immediately. Before you enter any trade in the financial market, it is very important that you have a proper trading plan and risk management approach.
On the higher timeframe, If we manage to break above 4500, then My previous bearish bias will be invalidated.
I think we should have some sideways movement for few months.
Disclaimer - This analysis alone DOES NOT warrant a buy or sell trade immediately. Before you enter any trade in the financial market, it is very important that you have a proper trading plan and risk management approach.
Comment
spx500 had closed bearish on the weekly!Comment
SNP500 had closed bearish on the weekly!Comment
Trade done, perfect tp. :)
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