Short
US500 NOT AT THE BOTTOM
Hi traders,
As you might see, US500 is making a nice corection from the huge impuls (check fibo level).
Usualy a recession is taking graphic at the bottom and makes a nice return with a clean candlestick pattern, wich here, is not the case.
Speaking of that, it will surely go down again.
Be carefull on the levels i bolded here. There is also a divergence on MACD.
If your analyse match mine, drop a comment and a like it!
As you might see, US500 is making a nice corection from the huge impuls (check fibo level).
Usualy a recession is taking graphic at the bottom and makes a nice return with a clean candlestick pattern, wich here, is not the case.
Speaking of that, it will surely go down again.
Be carefull on the levels i bolded here. There is also a divergence on MACD.
If your analyse match mine, drop a comment and a like it!
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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.