SPX potentially created a top and is starting to head lower for the next months.We have patterns, cycles and market structure and if everything is lining up nicely, there is a high chance you will be right. The S&P500 is currently retesting a major multi-year resistance trendling, is starting to shift bearish on the smaller timeframes and just rallied +50% without any noticeable correction. In a couple of months, we will trade at lower levels!
Levels to watch: $5.500, $4.500
Keep your long term vision,
Philip - BasicTrading
#1 Video Author on @TradingView 🏆
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Swing Trader since the Year 2019 💻
Daily Analysis from Monday - Friday 💰
3.2K Traders in Our FREE Community👇
discord.gg/jgdrYXwqyD
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#1 Video Author on @TradingView 🏆
Swing Trader since the Year 2019 💻
Daily Analysis from Monday - Friday 💰
3.2K Traders in Our FREE Community👇
discord.gg/jgdrYXwqyD
Swing Trader since the Year 2019 💻
Daily Analysis from Monday - Friday 💰
3.2K Traders in Our FREE Community👇
discord.gg/jgdrYXwqyD
Aviso legal
As informações e publicações não se destinam a ser, e não constituem, conselhos ou recomendações financeiras, de investimento, comerciais ou de outro tipo fornecidos ou endossados pela TradingView. Leia mais nos Termos de Uso.