Relief in Equities

Cập nhật
Risk appetites are back, we have a nice bottom in Bitcoin.
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Confident we see equities push into the 4000 range in /ES.

The slope of the moving average is still aggressively bearish - (the angle of the red line is sloping down)

I imagine even with the bearish trend intact, we should see relief in price testing that 20d/20w moving average.

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We may see bulls run it into resistance, and then the trend down will most likely continue.

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Ghi chú
ảnh chụp nhanh
Ghi chú
ảnh chụp nhanh +3.44% nice engulfing candle
Ghi chú
ảnh chụp nhanh strong weekly, good idea where clear resistance will be
Ghi chú
ảnh chụp nhanh
S&P 500 E-Mini FuturesTechnical IndicatorsSPX (S&P 500 Index)SPDR S&P 500 ETF (SPY) Trend AnalysisTrend Lines

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