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JD_TeenTrader

Have we found the top of S&P at 5110?

Short
S&P 500 Index (SP:SPX)  
JD_TeenTrader  
SP:SPX   S&P 500 Index
Trend Analysis Chart Patterns Technical Indicators S&P 500 (SPX500) US SPX 500 spxshort rsi_divergence
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trendanalysis chartpattern indicator spx500 spx500usd spxshort rsi_divergence
The month of February saw an incredible bull run up to 5110.

The high was created on the 29th of February and as of March 1st, the high has not been broken. There is bearish divergence on D1 and H4.

The upward channel is at the risk of being broken after 2 months.

We have taken a short position at 5104 with a stop loss at 5150 and a reward of 4750.

Good luck!

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