S&P 500Short
Multi-Timeframe Analysis: S&P500
Hourly Chart: Failed Break. (Bearish)
Daily Chart: Failed Break + Hanging Man and confirmation. (Bearish)
Weekly Chart: Shooting star. (Bearish)
Monthly Chart: (Bullish)
Futures: below the current market with increased volume above the monthly average! ( Bearish )
Conclusion: Bearish is the most probable scenario.
Educational Articles:
1- Failed Break:
https://www.investopedia.com/terms/f/failedbreak.asp
2-Hanging Man:
https://www.investopedia.com/articles/active-trading/040914/understanding-hanging-man-optimistic-candlestick-pattern.asp
3-Shooting Star:
https://www.investopedia.com/terms/s/shootingstar.asp
Daily Chart: Failed Break + Hanging Man and confirmation. (Bearish)
Weekly Chart: Shooting star. (Bearish)
Monthly Chart: (Bullish)
Futures: below the current market with increased volume above the monthly average! ( Bearish )
Conclusion: Bearish is the most probable scenario.
Educational Articles:
1- Failed Break:
https://www.investopedia.com/terms/f/failedbreak.asp
2-Hanging Man:
https://www.investopedia.com/articles/active-trading/040914/understanding-hanging-man-optimistic-candlestick-pattern.asp
3-Shooting Star:
https://www.investopedia.com/terms/s/shootingstar.asp
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
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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.