After broke triangel i'm expect pull back to 3080 usd level and then retest 3200 USD (strong resisstance).
Wait for price to break below support then sell to green area US500 and US30 tend to follow each other
Just my thought will change nothing on my day trading, but just talking to myself, what is possible. Every big correction, and problems, we had the second drop, and lower low.
I will be looking to cover my short positions at $2,719.00
Fridays always pumps, so let see, can we hold this fib projection and level.
Pre-market Futures Short 17:11:14 (UTC) Sun Apr 26, 2020
US500, SPX Head and Shoulder 06:49:45 (UTC) Wed Apr 8, 2020
S&P has been trading inside a 4H Channel Up (RSI = 50.132, MACD = 13.590, ADX = 48.232) with the 4H MA50 (blue line) supporting. The negative fundamentals (China virus, disappointing earnings) ahead of the Fed Interest Rate Decision this Wednesday, can make investors sell initially (and ask questions later). There is a strong break out level to consider and that...