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S&P warning signs are mounting; not a "game over" yet

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Price formed a reversal pattern on the daily chart. But is it "game over" for the buyers? Watch video to learn more

Disclaimer
I don't give trading or investing advice, just sharing my thoughts.
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We have a lot of important economic data coming out this week, including FOMC. Things can change fast
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Sellers tested previous week low followed by a weak bullish reaction. Nothing really changed.
FED speaks today at the market open, then JOLTS. It will likely provoke increased activity.
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This market just doesn't want to go down. Let's see tomorrow if buyers are able to take down previous high (550) and build some value above it.
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Amazing. Market just need to "survive" FOMC. Can anything go wrong?
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I think a lot about limitations of technical analysis when things like this take place
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hermes_trisme
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broadmarketCandlestick AnalysismarketanalysismarketoutlookMultiple Time Frame AnalysisPivot PointspriceactionanalysisSPX (S&P 500 Index)S&P 500 (SPX500)us500

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broadmarketCandlestick AnalysismarketanalysismarketoutlookMultiple Time Frame AnalysisPivot PointspriceactionanalysisSPX (S&P 500 Index)S&P 500 (SPX500)us500
hermes_trisme
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Pernyataan Penyangkalan

Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.