Will S&P500 avoid a selling panic amid coming Q1 reports? HELP
The S&P500 is enduring tense economic times with high money injection.
If next week S&P500 crosses 2690 a critical support level with high volume ==> It will be bad that may trigger a market selling panic with volume stop losses executed downward.
However, if the S&P500 continues its uptrend movement and crosses 2872 with strong volume, the next resistance and TP is at 2977.68 and TP2 at 3200.
Happy trading and stick with smart money attitude
If next week S&P500 crosses 2690 a critical support level with high volume ==> It will be bad that may trigger a market selling panic with volume stop losses executed downward.
However, if the S&P500 continues its uptrend movement and crosses 2872 with strong volume, the next resistance and TP is at 2977.68 and TP2 at 3200.
Happy trading and stick with smart money attitude
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