S&P 500指数
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S&P500 is below Support/Resistance,wait for a pullback to SELL..

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S&P500
The price is below Support/resistance level,and fundamentally the price is very Bearish ,After a correction there is a chance that price will continue its bearish move,wait for the price to reach the zone and if price gives any bearish signal then look for sell opportunity,The market is very bearish it could continue without any correction.we can't take entry in an impulse it will increase our risk.In case if price breaks above the support/resistance then we have to wait for a clear direction and after a pullback we can look for short term buy opportunity..

For Entry:
Wait for the formation of Bearish Candlestick Pattern to close on 1hr timeframe for confirmation to SELL..
Trade it with proper Sl..
Take entry only after price gives bearish signals..

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*The content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions.
注释
Bullish Scenario
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