In my first analysis we see that SPX is in a very important moment, when a Dark Cloud Cover appear in a previous bottom region (blue line). I see two scenarios where I could trade SPX.
Scenario 1: It goes to the orange line (previous top region) and does a bullish pattern. Then it might have the strenght to break the blue line and seek the green line, or even close the green gap (but I think this is too optmistic).
Scenario 2: It goes straight down or starts doing lower tops and bottoms. Then I would think the bulls are losing strenght and SPX could break down the pink line and seek at least the red line.
Scenario 1: It goes to the orange line (previous top region) and does a bullish pattern. Then it might have the strenght to break the blue line and seek the green line, or even close the green gap (but I think this is too optmistic).
Scenario 2: It goes straight down or starts doing lower tops and bottoms. Then I would think the bulls are losing strenght and SPX could break down the pink line and seek at least the red line.
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.