SPX500 and the golf war
I see a bearish engulfing on a monthly chart after a parabolic bull run,
shit this does not look good but hey the trend is still intact for now but this should be a sign of caution.
demand zone is 3200 if shorting the path of least resistance, invalidation of trade if this level hold new ATH would become more probable.
shit this does not look good but hey the trend is still intact for now but this should be a sign of caution.
demand zone is 3200 if shorting the path of least resistance, invalidation of trade if this level hold new ATH would become more probable.
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