A rising channel formed. S&P500 had trouble making new highs overall, showing potential bullish exhaustion.
Waiting for the break of the channel and 50SMA on a 4 hour time frame to target 2800.
So far the week started on a risk off mood.
Please support the idea and share your thoughts on S&P500!
Good Luck and Stay Healthy!
Waiting for the break of the channel and 50SMA on a 4 hour time frame to target 2800.
So far the week started on a risk off mood.
Please support the idea and share your thoughts on S&P500!
Good Luck and Stay Healthy!
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.
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.