VasilyTrader

SPX500 INDEX (SPY) Bearish Forecast Based on Structure

Short
FX:SPX500   Indice S&P 500

hey guys,

since the 29th of April, we see a consolidation on spy in a wide horizontal daily range.

now the price is approaching its resistance again so we can expect a retracement.

target levels
2900 - minor support (382 retracement of the last bull leg with numbers adjusted)
2850 - minor support (618 retracement of the last bull leg with numbers adjusted)

good luck!

✅Join My Telegram Channel: t.me/VasilyTrading

❗️YouTube Channel www.youtube.com/c/VasilyTrader

💰Instagram: www.instagram.com/VasilyTrader/ 💰

✅Facebook: www.facebook.com/VasilyTrading/
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.