ืžื“ื“ S&P 500
ืฉื•ืจื˜

SP500 looks weak ๐Ÿฆ

ืžืขื•ื“ื›ืŸ
SP500 on the 4h chart has retested perfectly the 0.618 fibonacci lelevl over a weekly resistance.
The price is now trading above a daily support and a break below will show further signs of weakness.

I will wait for a clear break on the 4h chart and if that will happen i will be looking for a nice short order according to the Plancton's strategy rules.

โ€“โ€“โ€“โ€“
Follow the Shrimp ๐Ÿฆ

Keep in mind.

โ€ข ๐ŸŸฃ Purple structure -> Monthly structure.
โ€ข ๐Ÿ”ด Red structure -> Weekly structure.
โ€ข ๐Ÿ”ต Blue structure -> Daily structure.
โ€ข ๐ŸŸก Yellow structure -> 4h structure.
โ€ข โšซ๏ธ Black structure -> >4h structure.


Here is the Plancton0618 technical analysis , please comment below if you have any question.
The ENTRY in the market will be taken only if the condition of the Plancton0618 strategy will trigger.
ื”ืขืจื”
ืชืžื•ื ืช-ื‘ื–ืง a break will be needed first to consider a new position
ื”ืขืจื”
ืชืžื•ื ืช-ื‘ื–ืง as expected
ื”ืขืจื”
ืชืžื•ื ืช-ื‘ื–ืง a series of lower lows lower highs, the trend is your friend until you ll recognize a sign of reversal
ื”ืขืจื”
ืชืžื•ื ืช-ื‘ื–ืง break and retest, waiting for the FED
ื”ืขืจื”
ืชืžื•ื ืช-ื‘ื–ืง another 5% move in our favour
ื”ืขืจื”
ืชืžื•ื ืช-ื‘ื–ืง moving lower as expcted
ื”ืขืจื”
ืชืžื•ื ืช-ื‘ื–ืง new recent low for a 7% call
ื”ืขืจื”
ืชืžื•ื ืช-ื‘ื–ืง short term retracement to the upside
ื”ืขืจื”
ืชืžื•ื ืช-ื‘ื–ืง choppy lower low for a 8.47%
ื”ืขืจื”
ืชืžื•ื ืช-ื‘ื–ืง retest of the resitance
ื”ืขืจื”
ืชืžื•ื ืช-ื‘ื–ืง new recent low ahead
ื”ืขืจื”
ืชืžื•ื ืช-ื‘ื–ืง typical beginning of the month move
240minS&P 500 (SPX500)Trend Analysis

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