SPX: Be aware of these KEY POINTS!
• Since it hit our first target, the index keeps falling, as there is no bullish structure to make it reverse in the short-term;
• Only if it breaks the 21 ema (1h), along with the 3,980, we might see a bullish sign;
• In the 1h chart, it is still trading below the 21 ema, doing lower highs/lows;
• In theory, it is seeking the 21 ema in the daily chart, which is quite close to other support level at 3,900 (previous bottom);
• If SPX loses 3,937, the drop might accelerate, we this is a bearish pivot point;
• Although the trend is bearish in the 1h chart, it is still bullish in the daily chart. Therefore, we must keep our eyes open, as the index is heading to a critical key point.
Remember to follow me to keep in touch with my daily analyses!
• Only if it breaks the 21 ema (1h), along with the 3,980, we might see a bullish sign;
• In the 1h chart, it is still trading below the 21 ema, doing lower highs/lows;
• In theory, it is seeking the 21 ema in the daily chart, which is quite close to other support level at 3,900 (previous bottom);
• If SPX loses 3,937, the drop might accelerate, we this is a bearish pivot point;
• Although the trend is bearish in the 1h chart, it is still bullish in the daily chart. Therefore, we must keep our eyes open, as the index is heading to a critical key point.
Remember to follow me to keep in touch with my daily analyses!
⚠️ Want to take your trading to the next level?
👉 Join the Finance Hydra VIP Mentorship - 6 weeks of mentoring with weekly meetings and ongoing support. Limited places available!
✅ Find out more and sign up: thefinancehydra.com/
👉 Join the Finance Hydra VIP Mentorship - 6 weeks of mentoring with weekly meetings and ongoing support. Limited places available!
✅ Find out more and sign up: thefinancehydra.com/
פרסומים קשורים
כתב ויתור
המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.