Today analysis about spx index , and the pattern is bearish penant which needs time to be applied the long setup or short setup position , in the bearish trend , in the bearish market , and the targets are as following:
Take profit (Tp) 1 3900 Take profit (Tp) 2 3890 Take profit (Tp) 3 3880 Take profit (Tp) 4 3879 Stop loss (Sl) 4000 Or Stop loss (Sl) is 3% of your account
Note 1: use small size lot because high volatility market and thne price would change too fast. Note 2: make your own research before applying any short or long positions ,and getting into the market. Note 3:make your own analysis before Applying short or long positions , and gettin,g into the market. Note 4:the targets on the time frames needs time to reach to ,a 4 hour chart analysis needs 8 hours to 2 days of waiting before reaching the targets , tp , take profit 📈. Note 5 : ,patience (waiting)is need in high volatility market. Note 6: long means buy ,call ,ascend. Note 7: short means sell,put,descen,d. Note 8: thank you for your time and your ,reading.
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