๐S&P500 Strong support zone ahead
๐As I wrote recently after the sharp double top breakout and decline about the possibility of a continuation of the declines, I was not wrong:
๐There was another dynamic wave of declines that pierced the last local lows
๐ I moved the resistance zone near the border of the last downward gap.
๐ I left the support zone unchanged.
๐ Looking at the fact that we pierced both 50 and 200 moving averages and the MACD and RSI present very pro-decline signals. I am not worried about the direction of the price.
๐ The scenario remains unchanged, continuation of declines to the vicinity of the support zone. I'm aware of the possibility of a correction at any time, this should be taken into account, If the outlook changes I will publish a post with an update, so I encourage you to actively follow the profile and read the description carefully.
๐If you appreciate my work and effort put into this post then I encourage you to leave a like and give a follow on my profile.๐
๐As I wrote recently after the sharp double top breakout and decline about the possibility of a continuation of the declines, I was not wrong:
๐There was another dynamic wave of declines that pierced the last local lows
๐ I moved the resistance zone near the border of the last downward gap.
๐ I left the support zone unchanged.
๐ Looking at the fact that we pierced both 50 and 200 moving averages and the MACD and RSI present very pro-decline signals. I am not worried about the direction of the price.
๐ The scenario remains unchanged, continuation of declines to the vicinity of the support zone. I'm aware of the possibility of a correction at any time, this should be taken into account, If the outlook changes I will publish a post with an update, so I encourage you to actively follow the profile and read the description carefully.
๐If you appreciate my work and effort put into this post then I encourage you to leave a like and give a follow on my profile.๐
๐ซ๐ซ๐ซ๐ซ๐ซ๐ซ๐ซ๐ซ๐ซ๐ซ๐ซ๐ซ๐ซ๐ซ๐ซ๐ซ๐ซ๐ซ๐ซ๐ซ๐ซ๐ซ๐ซ๐ซ๐ซ๐ซ๐ซ
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๐ฒ To keep up to date with all my activities I invite you to visit my Telegram ๐ฒ
๐ฒ www.t.me/Investmatez ๐ฒ
๐ซ๐ซ๐ซ๐ซ๐ซ๐ซ๐ซ๐ซ๐ซ๐ซ๐ซ๐ซ๐ซ๐ซ๐ซ๐ซ๐ซ๐ซ๐ซ๐ซ๐ซ๐ซ๐ซ๐ซ๐ซ๐ซ๐ซ