S&P 500 Index.

9 окт. 2021 г.

Is SPX entering in a price reversal phase🐻. price recently broke below the weekly trendline. My thinking is the price is too overbought and it needs a pull back soon .i would say look for selling opportunities when it does retest the weekly resistance which now act as support in a down trend.Stop loss above the previous highs and look to ride the trend downwards