US500 morning analysis
Bearish count for US500.
The key level/resistance in this count is 6197; it allows 1>3>5 and a complete impulse off 5 August low.
Pitchfork shows bullish weakness, with price falling out of its structure.
If count plays out, risk/reward improves for a short opportunity.
The key level/resistance in this count is 6197; it allows 1>3>5 and a complete impulse off 5 August low.
Pitchfork shows bullish weakness, with price falling out of its structure.
If count plays out, risk/reward improves for a short opportunity.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.