SPX Potential For Bearish Continuation

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.

Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Everest Fortune Group
Chart PatternsTechnical IndicatorsS&P 500 (SPX500)Trend Analysis

免责声明