S&P500 Next week going to be down? #SPX
– I am guesstimating is down, what is your guess?
– Its was First after 13 weeks when weekly candle closed more than 1% in red.
– Weekly Starting to Point down.
– Inflation data and many more important news this week
- Also so far April month candle looks weak, may be this is the red month finally for the bears after straight 5 months!
My view is bearish for short term as I am expecting a pull back or small correction in this bull run.
5260 should be used as heard stop on daily close. Once it close above 5260 we may imitate long positions.
– Its was First after 13 weeks when weekly candle closed more than 1% in red.
– Weekly Starting to Point down.
– Inflation data and many more important news this week
- Also so far April month candle looks weak, may be this is the red month finally for the bears after straight 5 months!
My view is bearish for short term as I am expecting a pull back or small correction in this bull run.
5260 should be used as heard stop on daily close. Once it close above 5260 we may imitate long positions.
Gurmeet Singh,
Life Begins At The End of your Comfort Zone..
Life Begins At The End of your Comfort Zone..
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