DeGRAM

US500 will rise to resistance and fall

Short
Since November last year, the price has been in a stable upward trend.
Both lines (support and resistance) were also formed in November.
The price began to rise after it plummeted in October.
During this time, only false breakouts occurred.
Last week the price came to the resistance (upper channel line) 3864.5.
The price started to fall from this line, but started a correction.
I expect the price to consolidate at the 3888.6 resistance first.
Then it will fall to support.
The goal is 3804.2.


--------------------
Share your opinion in the comments and support the idea with likes.
Thank you for your support!

🚀TOP 1 broker🚀
bit.ly/3spSQqC
🔻FREE Telegram channel🔻
t.me/DeGRAMChannel
🔻Contact for Paid SIGNALS🔻
t.me/DeGRAMForex
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.