Critical levels in S&P500
This presentation contains the &P 500 index.
Hourly: Double top and broke the weekly trend line
Daily: three consecutive Doji, and 4 times rejection.
Weekly: rejected twice from the resistance level.
Conclusion: Closing below 4118 will confirm Top Swing, and closing above 4191 in the daily chart makes this analysis obsolete!
Recommendation: Reevaluate your Stop loss.
If you have any reason that S&P500 is still bullish please write it in a comment!
Hourly: Double top and broke the weekly trend line
Daily: three consecutive Doji, and 4 times rejection.
Weekly: rejected twice from the resistance level.
Conclusion: Closing below 4118 will confirm Top Swing, and closing above 4191 in the daily chart makes this analysis obsolete!
Recommendation: Reevaluate your Stop loss.
If you have any reason that S&P500 is still bullish please write it in a comment!
Use the following link to access trading ideas: patreon.com/SniperTraderStocks?utm_medium=unknown&utm_source=join_link&utm_campaign=creatorshare_creator&utm_content=copyLink
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.
Use the following link to access trading ideas: patreon.com/SniperTraderStocks?utm_medium=unknown&utm_source=join_link&utm_campaign=creatorshare_creator&utm_content=copyLink
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.