SP500 a short term outlook ๐Ÿฆ

์—…๋ฐ์ดํŠธ๋จ
SPX500USD on the 4h chart, after a few tests pf the weekly resistance is trading above a support area .
The bears seem to have the strength to close the trading week below the 4000 zone.

How can i approach this scenario?

I will wait for a potential break of the support structure and in that case, i will search for a nice short order according to Plancton's strategy rules.


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Follow the Shrimp ๐Ÿฆ

Keep in mind.

โ€ข ๐ŸŸฃ Purple structure -> Monthly structure.
โ€ข ๐Ÿ”ด Red structure -> Weekly structure.
โ€ข ๐Ÿ”ต Blue structure -> Daily structure.
โ€ข ๐ŸŸก Yellow structure -> 4h structure.
โ€ข โšซ๏ธ Black structure -> >4h structure.


Here is the Plancton0618 technical analysis , please comment below if you have any question.
The ENTRY in the market will be taken only if the condition of the Plancton0618 strategy will trigger.
๋…ธํŠธ
์Šค๋ƒ…์ƒท sometimes we need to wait to see a move we expect
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์Šค๋ƒ…์ƒท a 2.2% profit since my free call
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์Šค๋ƒ…์ƒท dropping as expected for A 7% profit since our idea
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another 8.5% profit call ์Šค๋ƒ…์ƒท
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์Šค๋ƒ…์ƒท after the 9% drop the market look for some retracement
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์Šค๋ƒ…์ƒท a 10% call
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์Šค๋ƒ…์ƒท the price might be looking for some ends week retracement
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์Šค๋ƒ…์ƒท perfect support area
๋…ธํŠธ
์Šค๋ƒ…์ƒท bounce over the support
๋…ธํŠธ
์Šค๋ƒ…์ƒท possible lower low
sp500indexSPX (S&P 500 Index)S&P 500 (SPX500)Trend Analysis

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