S&P after a 3% fall recovered and is consolidating.
We can expect a fall to 6300, as upside level of 6800 is rejected.
Short at 6640. Keep SL of 6800
Expect 6300.
We can expect a fall to 6300, as upside level of 6800 is rejected.
Short at 6640. Keep SL of 6800
Expect 6300.
Trade active
Trade active Sell at 6640 SL at 6800Note
1,2,3 is trend rejection number where 1 is uptrend, 2 is a fall from there, then gets rejection and 3 is confirmation of short term trend change.We have taken early entry.
Note
Move SL to 6700 now. CMP 6580
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.