S&P500 Is Approaching The Main Trend

17 ก.ค.

Hey Traders, in today's trading session we are monitoring US500 for a buying opportunity around 5500 zone, S&P500 is trading in an uptrend and currently is in a correction phase in which it is approaching the trend at 5500 support and resistance area.
We would also like to consider the current bearish bias in DXY, due to the negative correlation SPX can continue pushing higher.
Trade safe, Joe.