TheSignalyst

US500 - Potential Bearish Momentum ❗️

CAPITALCOM:US500   US 500
Hello TradingView Family / Fellow Traders,

In accordance with my latest analysis, which is attached to the chart, we have been anticipating a rejection of the all-time high.

📉 For the bears to assume control and confirm the beginning of the correction phase, a break below the last major low highlighted in red is required.

Meanwhile, until the bears take control, US500 would remain bullish and could still move within the green all-time high zone.

📚 Always follow your trading plan regarding entry, risk management, and trade management.

Good luck!

All Strategies Are Good; If Managed Properly!
~Richard Nasr

This analysis is done using RichTL
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