Get started
S&P 500 Index
Short

S&P500 about to test zone

By Elite_Forex
We can see the trend channel on the 4H and hours before the NYSE ope we will be sitting at key diagonal support levels. S&P tends to flash crashes in march and it won't be big of a surprise if we see a quick 4-8% test to lower levels. We also have the FOMC this week which could be the catalyst for such a move. The current bullish move looks exhausted already and the trend struggles to get more power towards the north.
indexTechnical Indicatorssp500indexS&P 500 (SPX500)SPDR S&P 500 ETF (SPY) Trend Analysis
Elite_Forex
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.