goderictia

Analysis of S&P500 (2022-02-12)

Short
OANDA:SPX500USD   S&P 500 Index
As the market sells-off yesterday from Bullard's comment.

Very likely a regular flat structure w C at 4435-4450 zone.

Entry:
-Higher low
-Bullish base formed

Take note:
-Short at 4510 due to the ABC correction from wave 4.
-5mins is showing a descending triangle


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.