SP500 - Waiting for a bullish reaction.
Hello traders,
We are expecting a bullish continuation for SP500, but we have to pay close attention to the price action. Overall the trend is bullish and we expect this consolidation to end soon.
There is a chance that the price might continue making local lower lows, but we won't be interested in that and we will only focus on the buy setups.
More detailed information is in the video. We will also keep you posted in the comment section if anything occurs.
Trade with care.
We are expecting a bullish continuation for SP500, but we have to pay close attention to the price action. Overall the trend is bullish and we expect this consolidation to end soon.
There is a chance that the price might continue making local lower lows, but we won't be interested in that and we will only focus on the buy setups.
More detailed information is in the video. We will also keep you posted in the comment section if anything occurs.
Trade with care.
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Expected outcome:
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Loads of indecision ahead, and the structure developed in a messy way, so no clear setup at the moment.
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This had a nice outcome after all:
