mdr300896

SPX 4H 24/07/2023

Short
OANDA:SPX500USD   S&P 500 Index
Currently, on the 4-hour timeframe, we are in a bearish range that is between 4150 to 4113, with the latter being the liquidity point of the current range. Therefore, we can expect some reaction that will help confirm a possible short entry when the price touches the grey zone. Alternatively, we can continue to monitor smaller timeframes to follow new ranges that align with our larger timeframes.
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.