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S & P500: shorting started?


Good day!

The S & P500 index, having approached the 4200 mark for the third time, did not calculate the strength and remained “walking” below the horizontal. So far, relative to our level, we see the formation of a bullish trap and a high probability of a rebound in quotes down, which is happening right now:

For the EUR / USD pair, the price continues to push off from the level of 1.2243, while trying to close today with a bearish engulfing. The potential level to which the single currency may fall is 1.2000:

S & P500: Shorting Game Beginning?

Gold, at the moment, rested on the upper line of the new upward channel. The following trading days may show a decline in gold, but in this case it will be a correction, followed by a rebound from the uptrend to the north:

S & P500: shorting started?

Oleg Svirgun,
analyst at Tickmill brokerage company
05/27/2021

Fidenge Pecold

My profession is a journalist, but my hobby for 8 years has been studying Forex investing and trading. During this time, I managed to gain extensive experience in investing and trading cryptocurrencies and double my capital in the Forex market. To be the author of this magazine, the site owners invited me to participate in one of the 2020 trading webinars, and I will try to reveal the most relevant crypto market news for you.

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