SPX SHORT JUL 28 2022

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US is in recession, while Central bank is not admitting it, sentiment across the board is telling a different story.

I am therefore looking for a long-term movement to the downside as price is tapping onto this weekly trendline.

I am targeting the Daily 800EMA, may close position earlier depending on price action
Trade fermée: ordre d’arrêt atteint
The reason why SPX and US indexes moved up was because of positive quarterly earnings
Fundamental AnalysisTechnical IndicatorsS&P 500 (SPX500)Trend Analysis

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