The S&P500 hit both targets we set two weeks ago as it reached the top of the 7 month Channel Up pattern:
This is the first major sell signal that we get on the 1D time-frame since the previous Higher High on February 02 2023. Unless the price closes a 1D candle above the August 16 2022 High (4327), we expect a short-term pull-back towards the 1D MA50 (blue trend-line) and Inner Higher Lows 1. Our Target is 4200. This sell signal will be invalidated if we close above 4327.
If we close a 1D candle below the Inner Higher Lows 2, we will re-sell and target the 1D MA200 (orange trend-line) and bottom of the Channel Up at 4000.
-------------------------------------------------------------------------------
** Please LIKE π, FOLLOW β , SHARE π and COMMENT β if you enjoy this idea! Also share your ideas and charts in the comments section below! **
-------------------------------------------------------------------------------
πΈπΈπΈπΈπΈπΈ
π π π π π π
This is the first major sell signal that we get on the 1D time-frame since the previous Higher High on February 02 2023. Unless the price closes a 1D candle above the August 16 2022 High (4327), we expect a short-term pull-back towards the 1D MA50 (blue trend-line) and Inner Higher Lows 1. Our Target is 4200. This sell signal will be invalidated if we close above 4327.
If we close a 1D candle below the Inner Higher Lows 2, we will re-sell and target the 1D MA200 (orange trend-line) and bottom of the Channel Up at 4000.
-------------------------------------------------------------------------------
** Please LIKE π, FOLLOW β , SHARE π and COMMENT β if you enjoy this idea! Also share your ideas and charts in the comments section below! **
-------------------------------------------------------------------------------
πΈπΈπΈπΈπΈπΈ
π π π π π π
πBest Signals (Forex/Crypto+70% accuracy) & Account Management (+20% profit/month on 10k accounts)
π°Free Channel t.me/tradingshotglobal
π€΅Contact info@tradingshot.com t.me/tradingshot
π₯New service: next X100 crypto GEMS!
π°Free Channel t.me/tradingshotglobal
π€΅Contact info@tradingshot.com t.me/tradingshot
π₯New service: next X100 crypto GEMS!