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Futuros E-mini S&P500

Pre-elections trading. Explained

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SP500 broke to the new highs. Volume is still very low and the Advance Decline Line doesn’t support this rise too. It is bearish. However, there is still a lot of momentum in this market. Likely we will see choppy trading with upside bias till the middle of September followed by a decline till the end of the month. Pay attention we are getting close to elections. With that in mind, I believe that pullback (if any) will be bought very fast. Besides, the Fed Funds forecast signals a rally coming at the end of September. The best thing we can do now is intraday trading. There is a chance for a swing trade, but only in a month from now.
UnknownUnicorn1156963
Chart PatternsDOWdowjonesS&P 500 E-Mini Futureses1!shortTechnical Indicatorssp500futuresp500indexsp500shortSPDR S&P 500 ETF (SPY) spylongTrend Analysis

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Chart PatternsDOWdowjonesS&P 500 E-Mini Futureses1!shortTechnical Indicatorssp500futuresp500indexsp500shortSPDR S&P 500 ETF (SPY) spylongTrend Analysis
UnknownUnicorn1156963

Aviso legal

As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.