US500 BEARS TO TAKE OVER

Hello Traders and everyone, I am Hadi Karaali, Known as SNIPERS_FX

If you like the idea, do not forget to support with a like and follow.

What's next for S&P

As we can see price is still overall bullish making clean higher highs and higher lows.

Meanwhile, as we mentioned in the previous analysis, price is approaching a strong zone, where we will be expecting a shift in momentum from bullish to bearish.

Moreover, for the bears to take over, we need a break below the marked major swing low, then a movement lower would be expected.

Then as the price will be approaching our lower support zone, we will be looking for new longs as well


If you like this kind of analysis don't forget to like and follow

and as usual follow your trading plan and manage your risk.

Be patient and good luck!