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SP500 entering sell zone. 1:3 R:R sell trade

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Last week I said that SP500 is drawing a nasty picture and although we can have a rebound from the recent ascending trend line, this will not change the longer-term bearish perspective.
Indeed, we had this rebound and now the SP500 index is trading in a very strong sell zone that is set between 4100 and 4200.
In my opinion, a reversal to the downside will follow from this zone and traders should look for selling opportunities.
This outlook is intact as long as the price is under 4300 and bears can target the previous low for their sell short trades.


Mihai_Iacob
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此外:
Chart PatternsTechnical Indicatorssp500indexSPX (S&P 500 Index)S&P 500 (SPX500)spx500shortUS SPX 500spxsignalsTrend Analysis

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Chart PatternsTechnical Indicatorssp500indexSPX (S&P 500 Index)S&P 500 (SPX500)spx500shortUS SPX 500spxsignalsTrend Analysis
Mihai_Iacob
🎯 Want More Trading Ideas?

📈 Join the FREE Forex & Gold Channel
👉 t.me/intradaytradingsignals

💎Get Funded Up to $1 Million with SabioTrade
Use my exclusive link and get 30% OFF your challenge.
👉shorturl.at/b5yyz
此外:

相關出版品

免責聲明

這些資訊和出版物並非旨在提供，也不構成TradingView提供或認可的任何形式的財務、投資、交易或其他類型的建議或推薦。請閱讀使用條款以了解更多資訊。