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UnknownUnicorn6611233

Potential Bull Trap Incoming

S&P 500-index (OANDA:SPX500USD)  
UnknownUnicorn6611233 Uppdaterad   
OANDA:SPX500USD   S&P 500-index
Trend Analysis US SPX 500 S&P 500 (SPX500) SPX (S&P 500 Index)
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trendanalysis spx500usd spx500 spx
Be very careful - Next week will start with a pumped S&P 500 right below the main trend line and a resistance level. You might wanna make sure those two are properly broken before you consider yourself out of the woods... Otherwise you might be in for a rough ride :D
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Based on trading hours worldwide, this is actually something to worry about if you live in Oceania / Asia. Stock markets in the US and Europe will still be closed by the time this plays out.
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Bull trap confirmed. The last line of defense (bullish trend line) just broke.
Next ? Double bottom ? Straight to hell ? I dunno...
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