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US 500
Short

S&P bottom forming soon due to FOMC meeting and other technicals

59
US500

snapshot

Death cross markes the bottom now or shortly after.

Fibonacci retracement down to 38,2% possible.

FOMC meeting on Wednesday.

I'm shorting S&P 500 with a TP at 4000 USD, possible going down to 3800 USD.

Timeframe: This week.
nue2lax
Elliott WaveFibonacci

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.
Elliott WaveFibonacci
nue2lax

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.