SP500, A setup for the bulls.
S&P500 / 1D
Hello traders, welcome back to another market breakdown.
SP500 has been making new highs new lower highs. The price is trading around the 50% pull-back on the major spike higher.
The bulls need to prevent the bears from achieving follow-through. The bulls are hopeful that yesterday was just a sell vacuum test of a 50% pullback from the rally.
Trade safely,
Trader Leo.
Hello traders, welcome back to another market breakdown.
SP500 has been making new highs new lower highs. The price is trading around the 50% pull-back on the major spike higher.
The bulls need to prevent the bears from achieving follow-through. The bulls are hopeful that yesterday was just a sell vacuum test of a 50% pullback from the rally.
Trade safely,
Trader Leo.
Trade closed manually
Tooke 25 points and a BE. Not looking good here
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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.