US SPX 500 Index Free Forex Signals
Selling pressure from 5991 resulted in all the initial daily gains being overturned
Price action has formed an expanding wedge formation
The medium term bias remains bullish
Preferred trade is to sell into rallies
Bespoke resistance is located at 5903
Key Signal Parameters
- Parameter
- Value
- Instrument
- US500
- Signal Type
- SELL LIMIT
- Timeframe
- 4H
- Entry Point
- 5903.0
- Stop Loss
- 5953.0
- Take Profit 1
- 5800.0
- Take Profit 2
- 5780.0
Signal Breakdown with Key Levels
