➡️ Markets have been tumbling back and forth over the past couple of weeks amid geopolitical uncertainty, yield curve inversions and talk of a recession. And now we may have received a real bearish reversal signal in the major indices, especially the Russell 2000 Small Cap Index, which was already lagging behind the broader market.
Judging by the dynamics of Russell and a couple of other major indexes, there are indeed reasons for pessimism. The price is in a clear balance of 1878.80 - 2093, which is most likely formed by sellers in order to push the price further down. The target for selling now most likely is the lower limit of this balance at 1878.80 (first of all) and further market participants will push the price to 1750.62 (second of all).
The mood for sales is very confident. The price area 2036.95 - 2093 will now contain growth and indicate the priority of sales. If the price goes higher, then the sale is called into question.
🔥S&P500 & US30 Forecast Results🔥
☑️S&P500: buy priority 👉 +124 points✅:
☑️US30: stick to the short 👉 +305 points✅:
➖➖➖➖➖➖➖
👍Thanks for your comments and likes👍
👇🔥LINKS TO PREVIOUS IDEAS AND FORECASTS🔥👇
Judging by the dynamics of Russell and a couple of other major indexes, there are indeed reasons for pessimism. The price is in a clear balance of 1878.80 - 2093, which is most likely formed by sellers in order to push the price further down. The target for selling now most likely is the lower limit of this balance at 1878.80 (first of all) and further market participants will push the price to 1750.62 (second of all).
The mood for sales is very confident. The price area 2036.95 - 2093 will now contain growth and indicate the priority of sales. If the price goes higher, then the sale is called into question.
🔥S&P500 & US30 Forecast Results🔥
☑️S&P500: buy priority 👉 +124 points✅:
☑️US30: stick to the short 👉 +305 points✅:
➖➖➖➖➖➖➖
👍Thanks for your comments and likes👍
👇🔥LINKS TO PREVIOUS IDEAS AND FORECASTS🔥👇
