Long

[S&P 500] trend hypothesis

By Bitcoin_Weather

Updated

The price structure and the study of divergences show a probability of a bullish scenario in 3 phases:
1/ bullish bounce untill 4000 (FIBO 38.2%)
2/ resumption of the decline until the strong support 3200 (FIBO 61.8%)
3/ return of the long term bullish trend up to 5000

Note

long term trend:

snapshot

Note

I remain bullish until 4000.

Trade active

[S&P 500] short term bullish but mid term bearish

Note

I expect a reversal between 4150 and 4300.

Note

My target is 3200.

Note

I expect a drop in the next weeks.

Bitcoin_Weather

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