The SP500 had a big move lower but is it time to panic

The SP500 shocked some bears into action with the savage move down off the highs but is it time to panic or just a clean out of late longs positions before continuation higher? For me, price will need to break down through 3390 before we expect to see some shorting opportunities. For now, it is still trend up and happy days until proven otherwise.

-------------------------------------------------------------

WE TRADE WHAT WE TEACH

Check out our recent Live Streams from our profile page!!

-------------------------------------------------------------

** If you enjoy our free content, please support and follow our profile, by hitting the Follow button to get further high quality ideas. **

** If you are following our ideas any comments and likes are most welcome and will be greatly appreciated **

** With quality alerts and correct Risk Management, you can learn consistency and grow your account **

** With quality portfolio management and defined risk levels to help your account grow and achieve steady profit targets while increasing your trading edge. **
Beyond Technical Analysisentrysignalspriceactionsp500indexS&P 500 (SPX500)Supply and DemandtradesetupTrend Analysis

การนำเสนอที่เกี่ยวข้อง

คำจำกัดสิทธิ์ความรับผิดชอบ