Teklologist

Spx500: Wyckoff accumulation but bearish

Kort
Teklologist Uppdaterad   
FX:SPX500   S&P 500 index
Looks to be in accumulation on Weekly TF. Entering Creek means re-test phase of accumulation high and low. Think it just tested, and if so then expect impending drop to low near ~2400.

P.S. Don’t forget this is a long-term bullish play and you will never precisely buy the bottom.

P.S.S. Made chart on phone. Hopefully it’s normal and visible.
Kommentera:
To clarify, recently made high so could be pullback to 2750 area followed by creek phase (re-test high and low).
Kommentera:
Otherwise, could already be in creek with the high re-test being the recent ATH. This would mean a test of the low (~2400) is impending.
Kommentera:
Hmmm..
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.