paradox677

SPX500USD 2021 Mar 08 Week

OANDA:SPX500USD   Índice S&P 500

SPX500USD 2021 Mar 08 Week
Red/Green = preferred entry | Grey = price rotation zones
Yellow = test

W = Although still bullish, but weakness is observed.
D = Buyers came in strongly, testing 3844. Wait and see if
there is price acceptance here.
Another scenario is price coming down to test for supply first, then continue up.


Do note the top has mushroomed over
and we're still in the down channel.
Keep SL tight if you're long.

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Have a good trading week ahead!

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