SPX Clean trading
Looks like a potential LONG.
I would like SPX to open with a little downfall and tap 3202.80 before heading up.
This week since SPX has been in a downtrend, GOLD has been on the rise.
I believe if SPX is in a Bull trend this week GOLD should be on a downtrend.
WHY LONG:
- 3203.80 is a strong area support zone, where market bounce off of many times.
- Coronavirus has been not too bad and the news hasn't been ugly lately. (I do not rely on news)
-3289.00 is the area where market wanted to reject but if we take that previous high we will be looking for a continuation of a strong uptrend.
I would like SPX to open with a little downfall and tap 3202.80 before heading up.
This week since SPX has been in a downtrend, GOLD has been on the rise.
I believe if SPX is in a Bull trend this week GOLD should be on a downtrend.
WHY LONG:
- 3203.80 is a strong area support zone, where market bounce off of many times.
- Coronavirus has been not too bad and the news hasn't been ugly lately. (I do not rely on news)
-3289.00 is the area where market wanted to reject but if we take that previous high we will be looking for a continuation of a strong uptrend.
Отказ от ответственности
Все виды контента, которые вы можете увидеть на TradingView, не являются финансовыми, инвестиционными, торговыми или любыми другими рекомендациями. Мы не предоставляем советы по покупке и продаже активов. Подробнее — в Условиях использования TradingView.