Critical levels in S&P500
This presentation contains the &P 500 index.
Hourly: Double top and broke the weekly trend line
Daily: three consecutive Doji, and 4 times rejection.
Weekly: rejected twice from the resistance level.
Conclusion: Closing below 4118 will confirm Top Swing, and closing above 4191 in the daily chart makes this analysis obsolete!
Recommendation: Reevaluate your Stop loss.
If you have any reason that S&P500 is still bullish please write it in a comment!
Hourly: Double top and broke the weekly trend line
Daily: three consecutive Doji, and 4 times rejection.
Weekly: rejected twice from the resistance level.
Conclusion: Closing below 4118 will confirm Top Swing, and closing above 4191 in the daily chart makes this analysis obsolete!
Recommendation: Reevaluate your Stop loss.
If you have any reason that S&P500 is still bullish please write it in a comment!
Use the following link to access trading ideas: patreon.com/SniperTraderStocks?utm_medium=unknown&utm_source=join_link&utm_campaign=creatorshare_creator&utm_content=copyLink
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.
Use the following link to access trading ideas: patreon.com/SniperTraderStocks?utm_medium=unknown&utm_source=join_link&utm_campaign=creatorshare_creator&utm_content=copyLink
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.