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
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
交易开始
That is fine; I am expecting an even push lower. Profit-taking may be ideal and assess.交易结束：到达目标
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.
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