BullBearMkt

Why Iam Still Bullish Medium Term On S&P500

Long
FX:SPX500   S&P 500 Index
S&P500 higher-highs and lower-highs structure on the weekly are still intact with the recent low located at 2934. This low needs to be violated or price break below it before medium term structure turns bearish, but as long as the low at 2934 is not violated, bullish trend still remains. Price potentially can reverse above 3019 to retest the bearish order candle at 3400 or swing high at 3600.

N.B
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-ALWAYS Use Proper Risk Management In Your Trades

Smart Monies trade on Emotions and Sentiments. Let them work for you in taking calculated risks...

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