Welcome to 420 Investments.
Here we have the SPX500 on the 4 hour time frame currently at resistance and showing signs of weakness.
Currently at previous Highs, and looking for it swing back down to support.
On the Daily Time Frame, it is possible that a evening star may be forming.
Stop losses should be placed above the current 4 hour swing high @ $3992
We are looking to short to the 0.38% Fib @ $3907 with a risk reward ratio of 3 to 1.
The trend heading upwards, is yet to have a third touch.
Best of luck, and enjoy the gains.
Here we have the SPX500 on the 4 hour time frame currently at resistance and showing signs of weakness.
Currently at previous Highs, and looking for it swing back down to support.
On the Daily Time Frame, it is possible that a evening star may be forming.
Stop losses should be placed above the current 4 hour swing high @ $3992
We are looking to short to the 0.38% Fib @ $3907 with a risk reward ratio of 3 to 1.
The trend heading upwards, is yet to have a third touch.
Best of luck, and enjoy the gains.
420Fam
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這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。
420Fam
免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。