Key Levels S&P 500 06/02/2018
The last drop at the S&P500 index has changed the swing and
Long-term momentum from bullish to bearish, as it seems the index
Is on his way to reach the demand level at the bottom - 2500 zone,
If the price will back to check the supply before reaching the demand,
It's a great opportunity to sell position at the supply, there are unfilled
Orders waiting at this supply, therefore I'll sell there, my targets are the
Support zone, and the demand level at the bottom, it's a swing or even
Long-term position.
Long-term momentum from bullish to bearish, as it seems the index
Is on his way to reach the demand level at the bottom - 2500 zone,
If the price will back to check the supply before reaching the demand,
It's a great opportunity to sell position at the supply, there are unfilled
Orders waiting at this supply, therefore I'll sell there, my targets are the
Support zone, and the demand level at the bottom, it's a swing or even
Long-term position.
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