SPX more downside soon

ที่อัปเดต:
SPX remains bearish.
The downsloping resistance line (yellow line) is still acting as a long-term resistance
The price is breaking down from the Rising Broaderning Wedge which is a bearish pattern.

We expect the price to get rejected from the previous support which now should be acting as a resistance.

More downside coming.
Targets shown in the chart.

Good luck
ปิดการเทรด: ถึงเป้าหมายการทำกำไร
Price is close to the target 1.
We recommend to take profit now
บันทึกช่วยจำ
Target 1 reached perfectly and the price bounces.
Before reaching Target 2, more bounces expected
บันทึกช่วยจำ
As expected, the price bounce continues. Typical bear market rally.
บันทึกช่วยจำ
bear market rally about to end. Expecting the rejection and downtrend continuation. Be ready
บันทึกช่วยจำ
SPX is ready to resume the downtrend . Be careful .
การซื้อขายยังคงดำเนินอยู่
As expected, erfect rejections from the downsloping resistance line. Nothing has changed. Shorting it and waiting patiently for reaching targets!
บันทึกช่วยจำ
The key trendline is being tested again. If this key resistance breaks, we may see some upside.
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