Índice S&P 500
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SPX500 dropping below 4k? 🦐

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SPX500USD on the 4h chart is trading above a support area .
The price after a recent test of the 0.5 Fibonacci area seems to have the strength to close the trading week below the 4000 zone.

How can i approach this scenario?

I will wait for a potential break of the support structure and in that case, i will search for a nice short order according to Plancton's strategy rules.


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Follow the Shrimp 🦐

Keep in mind.

• 🟣 Purple structure -> Monthly structure.
• 🔴 Red structure -> Weekly structure.
• 🔵 Blue structure -> Daily structure.
• 🟡 Yellow structure -> 4h structure.
• ⚫️ Black structure -> >4h structure.


Here is the Plancton0618 technical analysis , please comment below if you have any question.
The ENTRY in the market will be taken only if the condition of the Plancton0618 strategy will trigger.
Nota
snapshot moving to the support area as expected
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a 4.5% profit since my call snapshot
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snapshot the market has tested once again our strong trendline
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snapshot 7% call
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snapshot a break of support can prived a bearish continuation
240minGBPGBPUSDTrend AnalysisUSD

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