SPX Aiming Lower Lows

3월 12일

Hi there,

The S&P 500 has pushed below the significant resistance level of 5821.54, with an immediate target at 5370.17 before reaching major support around the 5218 region. We could potentially see a further drop to 4500, with 4719.87 on the way.

It will require monitoring, and the bias is at 4026.79.

Happy Trading,
K.

Not trading advice

4월 7일

액티브 트레이드

That is fine; I am expecting an even push lower. Profit-taking may be ideal and assess.

4월 10일

거래청산: 타겟 닿음

We are not out of the bearish trend yet. The price has risen to 5456.89, generating excitement in the market; however, we remain under a significant resistance zone. This could also indicate an extended ABC pattern for wave four before the final drop of wave five. 🦉

Khiwe.