PipCatcherAcademy

SPX500 BEARISH INTRADAY

Short
FX:SPX500   S&P 500 Index
With so much bearish momentum and with the 50MA holding as support on the 4h, I would like to see this bearish trend continue.
Can we test DEC 21 2020 low? If so that gives us a risk to reward of 4.6:1. Price could be headed to 100 MA on the Daily.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.