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SPX500USD trade ideas
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Live stream - How to Start Option Trading | Important Points Today we will discuss about how to start option trading what points you must keep in your mind always , i"ll show you in live trading.
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SPX 500 ANALYSIS trading above 20 & 50-period average
trading now well above earlier resistance areas
should approach previous hurdles at 4225, which if sustained can continue towards 4450-4480
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SPX500 Target 4065 and 4000Down side is more clear in Dow and Nasdaq when compared to SPX since its in more clear formation now. Clear rejection and bearish trend in Dow and Nasdaq with clear diamond formation and the levels in SPX are very blur and diamond formation is hidden here. with bearish trend is clear now SPX is heading towards 4065 and 4000 as immediate targets.
S&P at a turning point
S&P500 reaching an important resistance,
if it breaks here the market will go for 4330.
In the bearish scenario I see greater probability.
We have the formation of a complex sell pattern,
the resistance from 4145 to 4150 and we have the VUMANCHU oscillator for 4 hours giving bearish divergence.
No wonder BTC is also at a top. The moment is decisive for global markets.
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