Hello Traders!
One of indicators to measure the US economy (and therefore SPX) still remains the transport index, and as shown on the chart, this indicator may have completed the upward movement (or almost). That said, in the coming weeks we will continue to monitor the support, and if it is broken, it is possible to develop an interesting bearish leg.
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Thank you for support and trade with care!
One of indicators to measure the US economy (and therefore SPX) still remains the transport index, and as shown on the chart, this indicator may have completed the upward movement (or almost). That said, in the coming weeks we will continue to monitor the support, and if it is broken, it is possible to develop an interesting bearish leg.
If you think this analysis can be useful and you want to receive new updates about this idea, click on LIKE button!
Thank you for support and trade with care!
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