S&P500 trading

Sell the Highs. 4392 - 4373 has to break to get bearishness.

This is on 4hrs.

This is on 1hr.

Choose the Pathway.

Sharing my analysis and thesis on SP500 - Before US Open 29-Jul-2021
Bias - Change to Up from 21st Jul
Overnight Session - Holding near 4400, Supported at 4390
Possible Reversal - Potential Down Below 4370
Watching for - Price Action Around 4400

Attached Image (click to enlarge)

Unable to stay above half July's tops, maybe it's time to go under 4000

You may have to wait a little longer for that reversal

And still we creep higher and higher. The reversal should be deep. When it comes that is.

S&P500
The pull-backs can be traded easily on the lower time frames, but this beast has a much higher tree to climb.

Nice ABC pull-back on the 4H. But probably not to be sustained