مؤشر ستاندرد أند بورز S&P 500
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Hellena | SPX500 (4H): SHORT to support area of 6550.

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Colleagues, I am not much of a correction trader, but I have to share my opinion that the upward impulse has almost formed wave “5” and now it would still be logical to expect a correction.
I believe that first the price will update the local maximum in the resistance area of 6759, then we will see a correction in wave “4”, which I expect to see at least in the support area of 6550.

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ملاحظة
Last week the price almost reached the profit level, but there was a reversal and now I think that the resistance area of 6758 will still be reached.
In any case, the movement at the beginning of this week will show the priority.
ملاحظة
I think wave “3” will complete its development this week. The maximum level I see is 6800, a pretty strong psychological level.
In any case, I would advise to look out for short positions.

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