Bulls tried 3 times. Market slapped them 3 times! 👋📉
S&P 500: 7,623.68 (-0.52%)
Look at this chart carefully:
1st Try: Price went up, rejected from 7,652 ❌
2nd Try: Tried again, rejected from 7,639 ❌
3rd Try: Last hope, rejected from 7,627 ❌
And that white line 7,635.11?
That was the bulls' last wall. It broke too.
Now the market is saying:
"The party has just started"
Only 2 options left:
A) 7,620 holds and market flies back up
B) 7,620 breaks and we see 7,600
Which team are you on? 👇
Comment: A or B
#SP500 #Trading #PriceAction #StockMarket #Bearish
S&P 500: 7,623.68 (-0.52%)
Look at this chart carefully:
1st Try: Price went up, rejected from 7,652 ❌
2nd Try: Tried again, rejected from 7,639 ❌
3rd Try: Last hope, rejected from 7,627 ❌
And that white line 7,635.11?
That was the bulls' last wall. It broke too.
Now the market is saying:
"The party has just started"
Only 2 options left:
A) 7,620 holds and market flies back up
B) 7,620 breaks and we see 7,600
Which team are you on? 👇
Comment: A or B
#SP500 #Trading #PriceAction #StockMarket #Bearish
