SPX What to expect?
Updated
The previous day was closed not very well, with a sharp downward impulse, which is quite expected, since there was no reaction to growth after a false breakout.
I'm waiting for the price closer to the lower zone $ 3332-3337, after that I want to see a reaction with a rebound.
If the level of 3394 is broken, I will wait for the nearest stop or high to work from it.
I'm waiting for the price closer to the lower zone $ 3332-3337, after that I want to see a reaction with a rebound.
If the level of 3394 is broken, I will wait for the nearest stop or high to work from it.
Note
The price returned to the level. Since the reaction is weak, the price may roll back and push the price to the level of 3394.
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.