May 29, 2025
Trade ideas
US500, Daily
In the Daily timeframe, US500 bounced off the trendline again. Price crossed the TEMA in a short-term bullish trend and is testing strong resistance. At the same time, we can see that bullish sentiment has started to increase again, with OB acting as a magnet on the upside.
Trading foreign currencies on margin involves significant risks and may not be suitable for everyone, as high leverage can increase both potential gains and losses. Before entering the foreign exchange market, it is essential to evaluate your investment goals, personal experience, and risk tolerance.
Author: Egor Schmidt
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