I think that price will continue Up move to key Sell level 2818
Near that level will be a good place to open Sell entry.
The main reason why I think that S&P can make down move is the economic cycle of growth is going to the end. So soon we will have an economic crisis around the world.
Also, S&P made 300% growth since the last crisis 2008 - 2009. After such growth, there must be a pullback.
Near that level will be a good place to open Sell entry.
The main reason why I think that S&P can make down move is the economic cycle of growth is going to the end. So soon we will have an economic crisis around the world.
Also, S&P made 300% growth since the last crisis 2008 - 2009. After such growth, there must be a pullback.
Note
Price came close to key zone Trade closed: target reached
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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.