Skyrex

S&P500 – prepare for long!

Long
SP:SPX   S&P 500 Index
Hello, everyone!

As you know I am Bitcoin trader, don’t use the traditional markets, but the SPX affects the cryptomarkets and we have to consider the potential moves there.

I suppose that we will see the growth in SPX soon. The strongest bullish divergence is forming with MACD, last time the strong bearish divergence was formed at the 1D timeframe at the very top, which started the current bear market. I consider the potential move up to the $4550 before the new price dump below the current strong support zone.


Good luck!

DISCLAMER: Information is provided only for educational purposes. Do your own study before taking any actions or decisions at the real market.

Skyrex.io is an AI-powered platform designed to make professional-level cryptocurrency trading effortless and accessible for everyone

Access free SmartTrade terminal and automated AI bot at app.skyrex.io
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.