We have been trying to catch this Bearish Movement since we start observing weakness signals of the Current bullish movement
-We have an ascending channel (solid white lines)
-The price tested 3 times the higher trendline without being able to surpass the zone
-On MACD we can see a huge Divergence
-We can see a second channel (the yellow one) which shows the luck of Bullish momentum, observe the slope of it compared to the white channel.
-Making an analysis of the current situation of SPX we think the China-USA trade war, is about to make no progress, as we saw the same situations going on, in the past. That is aligned with our short Technical view.
-For taking a trade we will wait for a Test of the yellow ascending channel + corrective structure there, if formed we will set our short positions with our main target on the Daily ascending channel of the bullish movement
-We will make a new post if the structure that we are waiting is formed.
-We have an ascending channel (solid white lines)
-The price tested 3 times the higher trendline without being able to surpass the zone
-On MACD we can see a huge Divergence
-We can see a second channel (the yellow one) which shows the luck of Bullish momentum, observe the slope of it compared to the white channel.
-Making an analysis of the current situation of SPX we think the China-USA trade war, is about to make no progress, as we saw the same situations going on, in the past. That is aligned with our short Technical view.
-For taking a trade we will wait for a Test of the yellow ascending channel + corrective structure there, if formed we will set our short positions with our main target on the Daily ascending channel of the bullish movement
-We will make a new post if the structure that we are waiting is formed.
Penerbitan berkaitan
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penerbitan berkaitan
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.