SPX/ Correction then Descending
已更新
Stock futures were little changed Wednesday night as investors absorbed a new, sobering reality for financial markets. Trading was volatile after the regular session’s panic surrounding the Federal Reserve’s revised outlook for interest rates next year.
Generally, the direction is a downtrend
Uptrend Side: The price is currently attempting to recover some of the losses incurred last night. A breakout and sustained trading above 5938 would support the price in reaching the next level at 5985.
Downtrend Side: However, the bearish sentiment still maintains control over the direction. As long as the price trades below 5938, the bearish trend is likely to continue, targeting 5871, and further down to 5798.
Tendency Keys: 5938
Generally, the direction is a downtrend
Uptrend Side: The price is currently attempting to recover some of the losses incurred last night. A breakout and sustained trading above 5938 would support the price in reaching the next level at 5985.
Downtrend Side: However, the bearish sentiment still maintains control over the direction. As long as the price trades below 5938, the bearish trend is likely to continue, targeting 5871, and further down to 5798.
Tendency Keys: 5938
交易开始
Maybe the price will rise to touch the resistance of 5938, then fall and start the bearish trend toward support of 5871.交易结束：到达目标
DONE
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With Clear entry point and target line with stopout zone
~900 pips per week —— Accuracy more than 88%
with best learning
Be Stronger With us
THANKS for your support
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