The S&P500 Index made a massive recovery over the last week and for that reason most traders are bullish bias, we however have reason to belive that it may be time to short the S&P500.We have a complete bearish gartley that has its point D resting on our resistance, this gives us a strong bearish signal confirming our Bearish Gartley harmonic pattern. We will now sell the S&P500 to take profit at point B and start trailing profits beyond our point B.
Disclaimer
NASDAQ Guru offers general trading signals that does not take into consideration your own trading experiences, personal objectives and goals, financial means, or risk tolerance.
Disclaimer
NASDAQ Guru offers general trading signals that does not take into consideration your own trading experiences, personal objectives and goals, financial means, or risk tolerance.
Trade closed: stop reached