US500 AROUND A MASSIVE RESISTANCE ZONE!

١٢ أبريل ٢٠٢٣

Hello Traders and everyone, I am Hadi Karaali, Known as SNIPERS_FX

If you like the idea, do not forget to support with a like and follow.

S&P 500 QUICK UPDATE

As we can see price is still overall bullish trading inside this rising channel, price is making clean higher highs and higher lows,
From a medium-term perspective.

However, price is still around a strong resistance zone, and still looking for bearish reversal.

Meanwhile, for the bears to kick in we need a break below the marked major swing low, then a movement lower would be expected.

Until that price is still overall bullish and price can still trade higher and higher.

If you like this kind of analysis don't forget to like and follow

and as usual follow your trading plan and manage your risk.

Be patient and good luck!