Indice S&P 500Short
SPX Conventional TA Confirms Correction
The correction we have been seeing for a long while now has been "confirmed" by the conventional analysts... I think they use a 10% threshold...
For us the correction started once prices broke and closed below EMA10/50.
Confirmation happened at the double rejection on the EMA50 magenta line (marked yellow).
Now, we have a many red candles, a falling window and bearish indicators.. This all points lower.
Additional details on the chart.
Conditions for change
The falling window is the main resistance short-term, the first level to conquer if the bullish want back in the game.
Thank you for reading.
Namaste.
For us the correction started once prices broke and closed below EMA10/50.
Confirmation happened at the double rejection on the EMA50 magenta line (marked yellow).
Now, we have a many red candles, a falling window and bearish indicators.. This all points lower.
Additional details on the chart.
Conditions for change
The falling window is the main resistance short-term, the first level to conquer if the bullish want back in the game.
Thank you for reading.
Namaste.
🔥 PREMIUM Trade-Numbers
lamatrades.com (Since 2017)
🏆 Results: t.me/alansantana1111/5935
🔝 Daily Cryptocurrency Technical Analysis
followalan.com
🚨 Free PREMIUM Trade-Numbers
alansantanatrades.com
lamatrades.com (Since 2017)
🏆 Results: t.me/alansantana1111/5935
🔝 Daily Cryptocurrency Technical Analysis
followalan.com
🚨 Free PREMIUM Trade-Numbers
alansantanatrades.com
Publications connexes
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.