andberg

20160601 new pitchfork pending validation on SPX500 240 short

Short
FX:SPX500   S&P 500 Index
After few trials here's a new pitchfork
Looking for price crossing down red trending line
Must go lower than 2085 area to validate short position
There is plenty of support and resistance lines, try to ignore them for now, just look at callouts for focus
Short if price is going in red area
Cautious if over 2094.8
Stop loss 2105.7
Long over 2110 green area
Insyncindex in short zone

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.