SPX500 getting absorbed by sellers!
Hey tradomanics,
currently we see an inceberg-order and absorptionat the top of the day.
As long as aggressive sellers dont appear price wont drop as limit-orders can`t move the market, but we know we have a strong resistance here!
Overall a fakeout-zone so watch this price carefully! A another fakeout above this orderblock could provide more liquidity to the sellers.
Current situation is not very clear but buyers tend to exthaust so a drop is likely!
What do you think?
currently we see an inceberg-order and absorptionat the top of the day.
As long as aggressive sellers dont appear price wont drop as limit-orders can`t move the market, but we know we have a strong resistance here!
Overall a fakeout-zone so watch this price carefully! A another fakeout above this orderblock could provide more liquidity to the sellers.
Current situation is not very clear but buyers tend to exthaust so a drop is likely!
What do you think?
Note
Note
Note
Here we go! 
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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.