abram2024

SPX500 Week of 05.17.21 D and W

OANDA:SPX500USD   S&P 500 Index
Side to side Daily and Weekly charts. In D, a clear divergence showing, a sign of slowing down. Price still reluctant to end its long bullish journey.
I want price to continue in this trajectory but the ones who live in USA, we all know the reality of our economy. Can't fake it for too much longer.

The journey has to end. I am setting my shorts at the levels on top around 4400. The same way went up, the same went will come down.

Officials can lie. Numbers can be fabricated. Candles don't.

I am still standing strong on my DOGE coin analysis. Since May 9th, price has been respecting the zones labeled. Check it out below.

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.