📉📈S&P500 I Advise Caution📉📈

📉📈S&P500 I Advise Caution

📉📈This post is a direct follow-up to my yesterday post in which I wrote about the possibility of accumulation around a support zone:

📉📈Today we opened with an upward gap but I would recommend caution when making decisions around the support zone.

📉📈Looking at the technical environment, an accumulation around the 3800 level seems very likely to me.

📉📈Hence, I am not making any buy or sell decision at the moment.

📉📈It looks like the accumulation will be able to last for a while.

📉📈Everything will turn out over the next few weeks.

📉📈The scenario I am playing out is to wait for the right moment to continue the uptrend. I'm aware of the possibility of a correction at any time, this should be taken into account, If the outlook changes I will publish a post with an update, so I encourage you to actively follow the profile and read the description carefully.

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