S&P 500: Two Pattern to Trade in short term
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Hi everyone!
The trend is bullish on S&P 500 (Futures), and if we try to follow US Index on intraday chart, we have two important levels: 4,189.75 and 4,098.50. Potential resistance breakout should develop a harmonic structure with Target around 4,238.50, conversely, 4,098.50 failure should trigger bearish consolidation around 4,048.00 area. Technically, both setups are high risk, so using a small size should be a good choice.
...trade with care! 👍
If you think that my analysis is useful, please...
"Like, Share and Comment" ...thank you! 💖
Cheers!
The trend is bullish on S&P 500 (Futures), and if we try to follow US Index on intraday chart, we have two important levels: 4,189.75 and 4,098.50. Potential resistance breakout should develop a harmonic structure with Target around 4,238.50, conversely, 4,098.50 failure should trigger bearish consolidation around 4,048.00 area. Technically, both setups are high risk, so using a small size should be a good choice.
...trade with care! 👍
If you think that my analysis is useful, please...
"Like, Share and Comment" ...thank you! 💖
Cheers!
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