SPX could be on a bounce here with RSI hitting the same low again and SPX tagging support.
I think it may get back to the 50MA for a reversal as it did before. I'll be looking to add to my shorts if it gets there upon bearish candles.
I have covered my SPX shorts.
Not advice.
I think it may get back to the 50MA for a reversal as it did before. I'll be looking to add to my shorts if it gets there upon bearish candles.
I have covered my SPX shorts.
Not advice.
Note
Big rejection on 50MA today and big bearish momentum candle. Its looking bearish as can be again.
Your FA guru can't read a chartđź’
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I run a technical group with lots of content every day + regular videos, 1:1, chatroom 🚀.
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Telegram Group: $50 per month✨.
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Your FA guru can't read a chartđź’
I run a technical group with lots of content every day + regular videos, 1:1, chatroom 🚀.
Better than all the rest? My record speaks for itself đź’ˇ.
Telegram Group: $50 per month✨.
Contact: t.me/dRends35
I run a technical group with lots of content every day + regular videos, 1:1, chatroom 🚀.
Better than all the rest? My record speaks for itself đź’ˇ.
Telegram Group: $50 per month✨.
Contact: t.me/dRends35
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.