BEAR short-term downtrend S&P500

22 בינו׳ 2020

SPX

Due to the fear spread by the media and all the uncertainty with the US -President impeachment, I expect in the short-term a downwards movement in the SPX. All this added to the 1.43 Fibonacci level and the overbought RSI is enough for me to think about a short correction, before it continues to go up to at least the 1.68 Fibonacci extension.

22 בינו׳ 2020

עסקה פעילה

23 בינו׳ 2020

הערה

As expected it is coming down nicely and I also think on Monday the markets are going to open a bit lower overall.

27 בינו׳ 2020

עסקה סגורה: היעד הושג

The trade worked like a charm. It opened lower on Monday and it reached our target. Nice week to everyone!