SP500 Short.. Previous Analyse completed.
SP500.
As announced Friday 25 Nov, SP500 has completed the previous analysis. As DXY developed a CHoCH on the higher time frame together with SP500, the high is completed. We will not visit this high again in a long time - Month/ years.
I expect we take the low of SP500 either by the end of this year or in the first quarter of 2023. DO NOT listen to anybody who says the bottom is in. We must have a high broken on the weekly, then a retrace. First then you can think we maybe have a bottom, not before..
We are in a confirmed bear and that can take years to get out of.. Trade carefully :-)
As announced Friday 25 Nov, SP500 has completed the previous analysis. As DXY developed a CHoCH on the higher time frame together with SP500, the high is completed. We will not visit this high again in a long time - Month/ years.
I expect we take the low of SP500 either by the end of this year or in the first quarter of 2023. DO NOT listen to anybody who says the bottom is in. We must have a high broken on the weekly, then a retrace. First then you can think we maybe have a bottom, not before..
We are in a confirmed bear and that can take years to get out of.. Trade carefully :-)
Ordre annulé
This analysis is canceled due FOMC meeting. Waiting to see the development of price action.. It is not advised to trade until CPI numbers is announced on 14 Dec..New Price action will be issued..
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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.