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SP500 IN RISING WEDGE
THE SP500 future contract is trading in a rsing wedge and the volumes are quite low, I think that in next days we will see a strong breakout and a fall of the price, this V-shaped recovery will not last long because Covid risks are still high all over the world.
Use a correct money management and check audusd because in this time they are correlated, if you look at my analysis on audsd (bearish view in mid-term) you could understand better the bearish view in Standard and Poor 500.
Enjoy your trading!!!
Use a correct money management and check audusd because in this time they are correlated, if you look at my analysis on audsd (bearish view in mid-term) you could understand better the bearish view in Standard and Poor 500.
Enjoy your trading!!!
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