Standard and Poor's 500_Price area overview_TakeItSimple #3
The pressure by China's sanctions after Trump's custom tariffs on iron and derivatives caused a bearish accelleration near February's low @ 2550.00,
The price has finished his run exactly above the long period trendline, and should be a nice point to see a bullish pullback following the upper-levels attached, as a reaction near the current triple-lows.
Nevertheless, americans use to say " Buy on news and sell on rumors ", so if i will see particoular reactions on this lows followed by good geopolitical news i'll try some Intraday Buy positions only substained by volatilty decreasing during the next USA sessions.
Opposite, i will consider as a strong sell signal the price below 2550,which is breaking up a big 2 level of a 123 pattern on Daily_SPX chart .
By the way, other studies will follow, comparing USA Leading Sectors trying to reach out the best timing for some intra and multi day operations.
Question for you: Thinking about a comparing between SOXX, Real estate, technologies and bio-technologies indexes and SPX index, what do you think ?
All your thoughts are well accepted!
The price has finished his run exactly above the long period trendline, and should be a nice point to see a bullish pullback following the upper-levels attached, as a reaction near the current triple-lows.
Nevertheless, americans use to say " Buy on news and sell on rumors ", so if i will see particoular reactions on this lows followed by good geopolitical news i'll try some Intraday Buy positions only substained by volatilty decreasing during the next USA sessions.
Opposite, i will consider as a strong sell signal the price below 2550,which is breaking up a big 2 level of a 123 pattern on Daily_SPX chart .
By the way, other studies will follow, comparing USA Leading Sectors trying to reach out the best timing for some intra and multi day operations.
Question for you: Thinking about a comparing between SOXX, Real estate, technologies and bio-technologies indexes and SPX index, what do you think ?
All your thoughts are well accepted!
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.
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.