SPX more downside soon
מעודכן
SPX remains bearish.
The downsloping resistance line (yellow line) is still acting as a long-term resistance
The price is breaking down from the Rising Broaderning Wedge which is a bearish pattern.
We expect the price to get rejected from the previous support which now should be acting as a resistance.
More downside coming.
Targets shown in the chart.
Good luck
The downsloping resistance line (yellow line) is still acting as a long-term resistance
The price is breaking down from the Rising Broaderning Wedge which is a bearish pattern.
We expect the price to get rejected from the previous support which now should be acting as a resistance.
More downside coming.
Targets shown in the chart.
Good luck
עסקה סגורה: היעד הושג
Price is close to the target 1. We recommend to take profit now
הערה
Target 1 reached perfectly and the price bounces. Before reaching Target 2, more bounces expected
הערה
As expected, the price bounce continues. Typical bear market rally.הערה
bear market rally about to end. Expecting the rejection and downtrend continuation. Be readyהערה
SPX is ready to resume the downtrend . Be careful .עסקה פעילה
As expected, erfect rejections from the downsloping resistance line. Nothing has changed. Shorting it and waiting patiently for reaching targets!הערה
The key trendline is being tested again. If this key resistance breaks, we may see some upside.
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