SPX Potential For Bearish Continuation

2022년 9월 14일

On H4, with the price moving below the ichimoku could and descending trednline, we have a bearish bias that the priuce may drop form the sell entry at 3900.62, where the 61.8% fibonacci retracement is to the take profit at 3711.21, which is in line with the 61.8% fibonacci projection. Alternatively, the price may rise to the stop loss at 4017.48, which is in line with the MA10 and previous swing high.

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