Expecting S&P 500 to rebound at the 0.236 or 0.382 levels, which coincides with the 200 ema on 4h and 1d, as well as is an area of support/resistance.
Will look to enter on sharp reversals at these levels, ESPECIALLY if it occurs together with positive fundamental news on the TRADE WAR front.
Will look to enter on sharp reversals at these levels, ESPECIALLY if it occurs together with positive fundamental news on the TRADE WAR front.
Trade closed: target reached:
SP500 made higher as expected. Positive news on the trade war front has yet to come, expect a longer consolidation.