US500 MULTIPLE REJECTIONS !

Hello Traders and everyone, I am Hadi Karaali, Known as SNIPERS_FX

If you like the idea, do not forget to support with a like and follow.

Quick update on US500

As we can see price is still overall bullish from a long-term perspective trading inside this channel,

Meanwhile, Price is still sitting around a massive zone, why!

Price is sitting around a rising trendline from Daily time frame acting as a massive non-horizontal support, adding on a strong horizontal support zone, lining up with a demand zone marked on the chart.

Then after that, we are still expecting and speculating new bullish movements on US500.



If you like this kind of analysis don't forget to like and follow

and as usual follow your trading plan and manage your risk.

Be patient and good luck!