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#spx
Shareholder brother, here's a S&P 500 analysis chart, let's take a look:
🚩Structure: Daily center oscillation (6974-7045)
🚩Rhythm: 30F downtrend not completed
💡Tips: Currently it's a 30F downtrend that hasn't completed, only suitable for 5F level uptrend participation, those without technical skills should not participate! Better to wait for 30F downtrend to end before participating, avoid heavy positions! Future trends for the next few months:
1. Bullish outlook, go long, yellow scenario, must maintain stable position above the center to participate! At minimum wait for one 30F uptrend rhythm before participating, there will be nice profit opportunities!
2. Bearish outlook, go short, red scenario, 30F retracement won't reach the center, 3-sell completes, continues to test lows! Where's the bottom? Around 5600!