S&P500 short analysis!!
30 min time frame.
used Fibonacci to draw (ABC) correction waves.
this days, US markets are been a lot volatile.
LET ME KEEP MY OPINION OF WHY MARKETS ARE VOLATILE:
SINCE MANY OF THEM THINK THAT US INFLATION HAS REACHED ITS PEAK, AND ON THE FLIP SIDE MANY OTHERS THINK IT YET MORE NEEDS TO TRAVEL UP. this basically is causing a lot of volume in the markets. bulls and bears are acting to there strategy.
ONE TIP: during volatile markets, be on cash, or invest in low risk assets.
be careful, keep having an eye.
trade with your own risk.
used Fibonacci to draw (ABC) correction waves.
this days, US markets are been a lot volatile.
LET ME KEEP MY OPINION OF WHY MARKETS ARE VOLATILE:
SINCE MANY OF THEM THINK THAT US INFLATION HAS REACHED ITS PEAK, AND ON THE FLIP SIDE MANY OTHERS THINK IT YET MORE NEEDS TO TRAVEL UP. this basically is causing a lot of volume in the markets. bulls and bears are acting to there strategy.
ONE TIP: during volatile markets, be on cash, or invest in low risk assets.
be careful, keep having an eye.
trade with your own risk.
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