ืžื“ื“ S&P 500 โ€
ืฉื•ืจื˜

S&P500 Index (SPY) How to Catch a Bearish Continuation? ๐Ÿ“ˆ

ืชืžื•ื ืช-ื‘ื–ืง

Hey traders,

From the middle of August, we see a sharp bearish wave on S&P500 index.
This week, the index reached a key daily structure support and we saw a pullback from that.

To catch a bearish continuation, wait for a bearish breakout of 3900 - 3940 area.
You need a daily candle close below that to confirm the breakout.

The market will drop at least to 3780 level then.

โค๏ธIf you have any questions, please, ask me in the comment section.
Please, support my work with like, thank you!โค๏ธ

ื›ืชื‘ ื•ื™ืชื•ืจ