the5erstrading

Great Supply Levels to sell the SPX Index

Short
SP:SPX   L'indice S&P 500
As we can see on the daily chart, the SPX500 has a great recovery after the massive drop a few weeks ago.
The price now getting close to supply - 1 that is a great level to sell SPX500.
If the price will breakout this supply toward up I'll close this position and I'll open a new sell position if the price reach to supply -2.
Both options are relevant for swing or long term traders.

The5ers Funding Forex Traders & Growth Program. Get Funded with up to $2.56M
We Trade Forex - Come Join Us!
the5ers.com
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.