OANDA:SPX500USD   S&P 500-index
After the break back under 4k, SP500 started to consolidate and is trading in 100 points up and down for almost 3 weeks now.
The overall trend is bearish so a down break could be next. In such a case, the recent 3.5k low is exposed. This scenario has a negation above 3950.
On the other hand, a break above the resistance of the range could lead to some gains and even to 4200.
For now, to wait and see could be the best approach.

🚀 Elevate your trades with a 20-year market veteran!

📈 Forex & XAU/USD Channel:
t.me/intradaytradingsignals

💎 Crypto Channel:
t.me/FanCryptocurrency

🌟 Premium Contact:
t.me/IacobMihai
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.