The S&P 500 is forming a Base below the Supply Zone.
A Fan is apparent from the origin of the Rally. Three ascending trendlines connect to price action within the base.
The Fan reversal begins to set up once price crosses/breaks the 3rd trendline. Price action will be contained within the consolidation, with a possible false break
If you look to Volume and Momentum, both show a progressive divergence is in play and are bearish signs.
The trigger to short is a clear break of the Support Level at 5560.
The bias is for a small correction only (.382 fib), before a break to a new ATH.
A Fan is apparent from the origin of the Rally. Three ascending trendlines connect to price action within the base.
The Fan reversal begins to set up once price crosses/breaks the 3rd trendline. Price action will be contained within the consolidation, with a possible false break
If you look to Volume and Momentum, both show a progressive divergence is in play and are bearish signs.
The trigger to short is a clear break of the Support Level at 5560.
The bias is for a small correction only (.382 fib), before a break to a new ATH.
İşlem aktif
Target is close
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.
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.