Short
SP500 IN RISING WEDGE
THE SP500 future contract is trading in a rsing wedge and the volumes are quite low, I think that in next days we will see a strong breakout and a fall of the price, this V-shaped recovery will not last long because Covid risks are still high all over the world.
Use a correct money management and check audusd because in this time they are correlated, if you look at my analysis on audsd (bearish view in mid-term) you could understand better the bearish view in Standard and Poor 500.
Enjoy your trading!!!
Use a correct money management and check audusd because in this time they are correlated, if you look at my analysis on audsd (bearish view in mid-term) you could understand better the bearish view in Standard and Poor 500.
Enjoy your trading!!!
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.