מדד S&P 500מעודכן S&P 500 . Down ward continuation or trend reversal?
SPX has made a series of lower highs and lower lows inside a down going channel since starting it's decline from ATH !
We had a strong bounce back after start of war in Ukraine which can be called ((Buy the invasion )) !. Why such a strong bounce back? I guess investors thought FED will be less aggressive after this crisis and they found a reason to flow the money into the market.
Is this rally going to continue? Lets follow the market. To me, making a higher high above the shown key resistance is necessary to make sure trend has been reversed. Making a new low confirms the terrifying possible bearish Head and Shoulder pattern. I suggest setting stop loss carefully and sticking to it if you are going to open a position or have already opened.
Best Wishes.
We had a strong bounce back after start of war in Ukraine which can be called ((Buy the invasion )) !. Why such a strong bounce back? I guess investors thought FED will be less aggressive after this crisis and they found a reason to flow the money into the market.
Is this rally going to continue? Lets follow the market. To me, making a higher high above the shown key resistance is necessary to make sure trend has been reversed. Making a new low confirms the terrifying possible bearish Head and Shoulder pattern. I suggest setting stop loss carefully and sticking to it if you are going to open a position or have already opened.
Best Wishes.
הערה
SPX rejected strongly from shown key resistance !הערה
This is why I called the horizontal shown red line a key resistance !הערה
Now, We have a new low after rejection from shown strong key resitsance !הערה
Now, we have a major low, Time proved that we were on the right path. Congrats my great followers.
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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.
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.