SP500 WOLF IN SHEEP'S CLOTHING APPEARS AT END OF TRADING DAY | S&P 500 Technical Analysis

4 years ago
3

In today's S&P 500 (SP500) Technical Analysis forecast, I go over the bullish strong start to the week and discuss the wolf in sheep's clothing on the last 30 minute candle of the day. With all this bullish momentum I wouldn't be surprised to see a continuation, however this inverted hammer candle might indicate a good opportunity to buy a pull back that might take place in the next trading session.

Nothing is certain in the markets, especially when trading the sp500 and individual stocks within it. To be a successful stock market trader you need to look at multiple different angles to draw a conclusion and ultimately create a trade plan.

TIMESTAMPS:
Intro: 00:00
SP500 Daily: 00:20
SP500 30 Min: 04:01

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