US SPX 500 Index Free Forex Signals
Selling pressure from 6053 resulted in all the initial daily gains being overturned
A Fibonacci confluence area is located at 5936
Previous support, now becomes resistance at 6018
Preferred trade is to sell into rallies
The medium term bias is neutral
Key Signal Parameters
- Parameter
- Value
- Instrument
- US500
- Signal Type
- SELL LIMIT
- Timeframe
- 4H
- Entry Point
- 6018.0
- Stop Loss
- 6053.0
- Take Profit 1
- 5936.0
- Take Profit 2
- 5920.0
Signal Breakdown with Key Levels
