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AlkalineFX

US500/SPX: Correction Needed

Short
US 500 (CURRENCYCOM:US500)  
AlkalineFX  
CURRENCYCOM:US500   US 500
Trend Analysis Technical Indicators Chart Patterns us500 S&P 500 (SPX500) SPX (S&P 500 Index) US500SHORT US SPX 500 usd500 usd500short spx500short spx500long
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trendanalysis indicator chartpattern us500 spx500 spx us500short spx500usd usd500 usd500short spx500short spx500long
What a year for SPX, this was by far the most incredible bull run I have witnessed.

The bull run can continue however I would like to see a correction in the price for discounts to buy.

Now that the majority of sellers have been taken out of the market, it could be time to start seeing those retracements in price as illustrated.

What is your view? Don't forget to leave a like and a comment.

Idee correlate

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AUDJPY: Bears Incoming
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EURAUD: Buyers Incoming
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EURCAD: Breakout Trap
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GBPCAD: Stuck at Structure
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USDCAD: Buys Available
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XAUUSD: Monday Trading
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