📉📈S&P500 Accumulation Continues
📉📈As I wrote in a recent post about the expected accumulation at current levels:
📉📈I did not have to wait long for confirmation of my conjecture since December 16 the price confirms a strong support zone.
📉📈It is breaking out once up once down but without making major ranges.
📉📈My long-term outlook still remains upward.
📉📈But looking at the current technical environment, it does not look like the accumulation is going to end in the near future.
📉📈The scenario I'm playing out is to wait for the accumulation to end and for the price to break out to make a new upward wave. I don't exclude the possibility of changing the scenario if the market situation changes abruptly. I'm aware of the possibility of a correction at any time, this should be taken into account, If the outlook changes I will publish a post with an update, so I encourage you to actively follow the profile and read the description carefully
🚀If you appreciate my work and effort put into this post then I encourage you to leave a like and give a follow on my profile.🚀
📉📈As I wrote in a recent post about the expected accumulation at current levels:
📉📈I did not have to wait long for confirmation of my conjecture since December 16 the price confirms a strong support zone.
📉📈It is breaking out once up once down but without making major ranges.
📉📈My long-term outlook still remains upward.
📉📈But looking at the current technical environment, it does not look like the accumulation is going to end in the near future.
📉📈The scenario I'm playing out is to wait for the accumulation to end and for the price to break out to make a new upward wave. I don't exclude the possibility of changing the scenario if the market situation changes abruptly. I'm aware of the possibility of a correction at any time, this should be taken into account, If the outlook changes I will publish a post with an update, so I encourage you to actively follow the profile and read the description carefully
🚀If you appreciate my work and effort put into this post then I encourage you to leave a like and give a follow on my profile.🚀
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💲 To keep up to date with all my activities I invite you to visit my Telegram 💲
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💲 To keep up to date with all my activities I invite you to visit my Telegram 💲
💲 t.me/Investmatez 💲
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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.
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💲 To keep up to date with all my activities I invite you to visit my Telegram 💲
💲 t.me/Investmatez 💲
🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌
💲 To keep up to date with all my activities I invite you to visit my Telegram 💲
💲 t.me/Investmatez 💲
🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌
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.