מדד S&P 500שורט
SPX500 top in place just below 3600 mark ?
SPX500 finally reversed sharply from resistance zone around 3600/10 levels. The indice still needs to break below 3350 immediate support to confirm a top in place. Also the trend line support since March 2020 lows at 2200 would break, and SPX500 would enter the sell zone. High probability remains for a larger degree Wave 5 termination around 3588 levels. If the above is correct, SPX500 might be set for a huge reversal towards 2200 in the nest few weeks. Good to sell on rallies.
Remain short, stop @ 3600, target is open.
Risk Disclaimer:
Trading Forex or any CFD products may not be suitable to all investors and they must evaluate their risk appetite. The above article should not be construed as a trading or investment advice as it is solely for education and information purpose only. Trading might incur a loss of capital and hence investors might be required to gain further knowledge regarding the risks involved. Leverage should be used wisely.
Remain short, stop @ 3600, target is open.
Risk Disclaimer:
Trading Forex or any CFD products may not be suitable to all investors and they must evaluate their risk appetite. The above article should not be construed as a trading or investment advice as it is solely for education and information purpose only. Trading might incur a loss of capital and hence investors might be required to gain further knowledge regarding the risks involved. Leverage should be used wisely.
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.