SPX500USDHello everyone 😃
SPX is moving into a bearish wedge and now EMA 200 from 1H timeframe and EMA 100 from 2H timeframe are controlling movement from below,
So as EMAs are supporting movement, retest on Wedge's top is very possible.
By the MACD have a bearish crossover on daily timeframes, So dump is confirmed !
Attention : this is not a financial advise we just try to help people on their own vision.
HAVE A GOOD DAY
- Helical_Trades
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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.