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24 juin 2022 01:30

Relief in Equities Long

US SPX 500OANDA

Description

Risk appetites are back, we have a nice bottom in Bitcoin.


Confident we see equities push into the 4000 range in /ES.

The slope of the moving average is still aggressively bearish - (the angle of the red line is sloping down)

I imagine even with the bearish trend intact, we should see relief in price testing that 20d/20w moving average.





We may see bulls run it into resistance, and then the trend down will most likely continue.

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+3.44% nice engulfing candle

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strong weekly, good idea where clear resistance will be

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