S&P Index Cash CFD (USD)Panjang
S&P 500 may be close to the turning point
Like the other indices, the S&P 500 also corrected sharply. This was an extremely impulsive wave that failed to produce any significant corrections.
Therefore, it can be assumed that it is a fake impulse, which will soon be bought. It is likely that prices will surpass their previous highs and the area around 4,685 will be targeted.
However, the S&P 500 should not run significantly below 4,325 points.
Please keep in mind that this is a setup for a position trade. In smaller time units, other setups with better RRR can arise.
Therefore, it can be assumed that it is a fake impulse, which will soon be bought. It is likely that prices will surpass their previous highs and the area around 4,685 will be targeted.
However, the S&P 500 should not run significantly below 4,325 points.
Please keep in mind that this is a setup for a position trade. In smaller time units, other setups with better RRR can arise.
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.
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.