SnP500, Dow Jones & NASDAQ Fell last Week – Why?

Traders and Investors,

In June 2022, the SnP500 (SPX) was making a base and was preparing to a ride upwards. This was simply because of the previous bullish momentum during the covid 19 times and a fall after that. The market moves in waves. So the latest was simply a correction which was going to come to an end in June 2022. Soon after that the market started to move higher and although it had a week start, it finally pushed through some of the major levels.

Last week it reach a major fib 61.8 and trend line confluence on the weekly time frame. Whereas the Daily time frame also had 200 sma there. This created a extraordinary combination of technical for the market to fall and react as it is did.  In our FCP methodology we look for these powerful confluences and trade them.

Here are few charts and below is the premium custom analysis report that we shared with our clients on June 12, 2022 expecting these moves.


SnP 500 at 61.8 Fib with Trend Line
SnP 500 at 61.8 Fib with Trend Line
SnP 500 Daily Time Frame & 200 SMA

Premium Analysis Report sent To Clients:

Order your premium analysis report here:

🔵 Find and Follow:
🔵 Premium Market Analysis Report:
🔵 FCP Core Strategy Training –
🔵 Training Brochure (Fee and Curriculum):
🔵 VATA Envisage Algo Indicator Suit –

🔵 Free telegram channel and group:
🔵 TradingView –
🔵 YouTube –
🔵 LinkedIn –
🔵 Twitter:
🔵 Visit Website –

👍Found this video useful? tip us: ☺

USDT: TJyAhd3Due7T21pGHp1NdTDGa7JH1oWRpQ (TRC20)
BTC: 13qu1KDKTuRoFffQFPd2dooR7XNsNgttvL
Ethereum: 0x3B03319cC288d3aC30dF74f3fE78acB10CEb2ffC

1. Never trade too much
2. Never trade without a confirmation
3. Never rely on signals, do your own analysis and research too
4. Read the disclaimer and be 100% responsible for your own actions.

✅ Follow me for future ideas, trade set ups and the updates of this analysis
✅ Don’t hesitate to share your ideas, comments, opinions and questions.
✅ If you found this idea useful, hit the like button, subscribe and share it in other trading forums.

Take care and trade well
The content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of education only.
Not a financial advice or signal. Please make your own independent investment decisions.

Be the first to comment

Leave a Reply