If you ask me we, will bounce back to the bottom blue regression line.
Stay tuned for both scenarios - short and long.
Key Points:
👉S&P 500 Main trend is DOWN.
👉Touching top orange regression line.
👉Seems S&P 500 will bounce back down from the top regression orange line to the blue bottom regression line.
Note: Indicator is Pivots Points Algo - bare are colored by algo!
Stay tuned for both scenarios - short and long.
Key Points:
👉S&P 500 Main trend is DOWN.
👉Touching top orange regression line.
👉Seems S&P 500 will bounce back down from the top regression orange line to the blue bottom regression line.
Note: Indicator is Pivots Points Algo - bare are colored by algo!
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