CapeAfrican

SPX 500 - BEARISH PENNANT on the 1 Hour

Short
CapeAfrican Updated   
SP:SPX   S&P 500 Index
Hoping this breaks down as the chop is discouraging. The 3800 is resistance - unable to clear it ...
Both the RSI and CCI overbought and trending down in a small divergence.
Bollinger Band has really Narrowed - Like a Spring - So the break will expand the Volatility
Any time J Powell speaks it rallies ONLY to tank the day after...
My time frame is a week and looking for it to retest the lows....
Trade closed: stop reached:
STOPPED OUT - OH WELL WE LIVE TO TRADE AGAIN ....
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