SPX500 Is Very Bearish! Sell!

Telah dikemas kini
syot kilat
Please, check our technical outlook for SPX500.

Time Frame: 9h
Current Trend: Bearish
Sentiment: Overbought (based on 7-period RSI)
Forecast: Bearish

The market is testing a major horizontal structure 5128.6.

Taking into consideration the structure & trend analysis, I believe that the market will reach 5070.1 level soon.

P.S
Please, note that an oversold/overbought condition can last for a long time, and therefore being oversold/overbought doesn't mean a price rally will come soon, or at all.

Like and subscribe and comment my ideas if you enjoy them!
Nota
Great beginning for a trade, let’s hope it goes further!
syot kilat
Chart PatternscurrencyforecastForexSELLshortsignalsS&P 500 (SPX500)swingtradingTrend AnalysisWave Analysis

✅JOIN FREE TELEGRAM: t.me/signalsproviderfx

💰FREE & PREMIUM SIGNALS: t.me/signalsproviderfx

🌐WebSite: signalprovider.org/
🔝Best Broker: icmarkets.com/trading-markets/forex/?camp=51166
Juga pada:

Penerbitan berkaitan

Penafian