gmarignier

First concomitant bearish signals on SPX

Short
gmarignier Updated   
CME_MINI:ES1!   S&P 500 E-mini Futures
For the first time, we are starting to see multiple concomitant signals announcing the end of the rally:
  • Weekly pivot point is being tested
  • RSI 730 is breaking its support trend line
  • Multiple divergences on MACD showing sellers are taking back control over the market

⚠️ Wait for the 4h candle to close before selling this market. To be even safer, you should wait for 2 candles breaking the uptrend line.
Trade active:
Signal confirmed.

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