Currently the SP500 is poiting south.... after the impulsive waves correction aka fed injecting liquidity in the markets, we can see that manipulation clearly with a divergence ( red arrows) price registering higher highs and oscillator higher lows.
Commento
Sadly, FED money is more worthy than our opinion and they can keep injecting money today as well. So, beware, trade safe :)
Commento
if you want to enter, let MA50 be broken and enter with tight stop. If you want to be extra careful with your money, let price action treat MA50 as a resistance.
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