Helical_Trades

SXP500 : Bearish Wedge VS EMAs

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OANDA:SPX500USD   S&P 500指数
SPX500USD
Hello everyone 😃

SPX is moving into a bearish wedge and now EMA 200 from 1H timeframe and EMA 100 from 2H timeframe are controlling movement from below,
So as EMAs are supporting movement, retest on Wedge's top is very possible.
By the MACD have a bearish crossover on daily timeframes, So dump is confirmed !

Attention : this is not a financial advise we just try to help people on their own vision.

HAVE A GOOD DAY
- Helical_Trades

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