the5erstrading

Key Levels With MACD Divergence For SPX500 19/03/19

Kort
SP:SPX   S&P 500 Index
On the 15 minutes chart of SPX500, we can see very clearly the divergence between MACD and the price records, the divergence on MACD indicator is not a signal for me to sell, it just tells me that the uptrend we can see on the 15 minutes chart is powerless, there are 2 options I'm waiting for to sell.
1 - if the price will breakout the support below I'll look for price action setup to sell,
2 - Sell at 2870.00 on the first touch, it's a great supply that we can see on the daily chart.
In both cases, the demand below will be the first target and the final target is 2400.00 zones.

The5ers Funding Forex Traders & Growth Program. Get Funded with up to $2.56M
We Trade Forex - Come Join Us!
the5ers.com
Frånsägelse av ansvar

Informationen och publikationerna är inte avsedda att vara, och utgör inte heller finansiella, investerings-, handels- eller andra typer av råd eller rekommendationer som tillhandahålls eller stöds av TradingView. Läs mer i Användarvillkoren.