Mulakan
jojofang0901

SPX500 Look For More Bearish Move Down

Singkat
Indeks S&P 500 (OANDA:SPX500USD)  
jojofang0901 Telah dikemas kini   
OANDA:SPX500USD   Indeks S&P 500
Chart Patterns Parallel Channel Flag priceaction structure pattern impulse correction Wedge
49
23
chartpattern parallelchannel flagpattern priceaction structure pattern impulse correction wedgepattern


Hello traders:

Similar like NASDAQ bearish outlook that I shared, we can also see SPX is showing good signs of bearish continuation down move.
NASDAQ Can Push Lower, Look For Bearish Continuation

from the HTF ascending structure, price had a clear impulse move down from it. Naturally price will correct and form into consolidation if the bearish momentum is still there.

We then see an expanding structure has formed, together with a double tops, and price indeed reversed down from it.

Now, the latest development has shown a consolidation within the larger expanding structure, this can possibly lead to another down move once the consolidation finishes.

Thank you
Komen:
Komen:
I will NEVER message you to Sell Anything/Service For $.
100% Free Educational Trading Content.
NO Telegram, Discord, Whatsapp & Facebook.
Be Careful of Scammers, Impersonators/Fakers of ME on Those Platforms.

Idea Berkaitan

jojofang0901
SPX500 Bullish Reversal, Wait For Buy Confirmation
jojofang0901
NASDAQ Can Push Lower, Look For Bearish Continuation
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.