Long
S&P - US500
The S&P has been over brought for a long, long time. The cornavirus is a real thing, but anyone with half a brian can see that the Market Makers are taking
advantage of the sitaution by correcting the markets.
|
This assualt on the markets was strategic.
|
With that being said, expect the S&P to pull back to the 2300 levels and at worst 2100 levels and then gradually return to the 3000 levels
creating suport and resistance levels on the way up.
advantage of the sitaution by correcting the markets.
|
This assualt on the markets was strategic.
|
With that being said, expect the S&P to pull back to the 2300 levels and at worst 2100 levels and then gradually return to the 3000 levels
creating suport and resistance levels on the way up.
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.