US500: Intraweek Technical Analysis
The US500 had a fourth bullish week after taking support from 50% retracement level of weekly time frame. The American index is now due for correction, despite of the strong bullish rally on Friday, the us500 opened gap down on Monday showing no interest in the buying side from Asian investors. My idea for current week is to look for short positions in us500 above 3900 with target of 3674.
If you like this or if you think the opposite of this or if there is any other opinion, mention it in the comments. I am open to all kind of suggestions and critics.
If you like this or if you think the opposite of this or if there is any other opinion, mention it in the comments. I am open to all kind of suggestions and critics.
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