Get started
Trinnisia_Trades

SP500 update 29 August 2022 forecast

Short
S&P 500 Index (OANDA:SPX500USD)  
Trinnisia_Trades  
OANDA:SPX500USD   S&P 500 Index
Technical Indicators sp500index short VIX CBOE Volatility Index Bearish Patterns downtrend
3
0
indicator sp500index short vix bearish downtrend
As predicted, the market met strong resistance and was rejected.
Sp500 closed under 50EMA on daily chart, the bearish momentum very likely will continue on Monday 29th Aug, there is plenty room to the downside.

If you look at the VIX daily chart, today we had very big candle closed above 200EMA.

This is not a trading advice, trading is risky.
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.