S&P 500 Diamond pattern
We have formed a diamond on the S&P. due to the current economic status we are in i have a bearish bias but i will react to the price and not predict. The side of the diamond that breaks out should give approximately a 90 point move in that direction. Don’t panic if you miss the break or even take the entry on the break and we come back for the re-test and then continue in the direction of the trend line that was broken.
BULL PT=$4453
BEAR PT=$4270
Currently Dealers are pricing in a 1.14% daily move so a good technical break and news could send it!
GOOD LUCK AND MANAGE RISK!
BULL PT=$4453
BEAR PT=$4270
Currently Dealers are pricing in a 1.14% daily move so a good technical break and news could send it!
GOOD LUCK AND MANAGE RISK!
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.