Nshan

SPX500 SHORT IDEA

Short
FX:SPX500   S&P 500 Index
4
AFTER TRYING TO BREAK SEVERAL TIMES THE PREVIOUS HIGHS,
IT LOOKS LIKE THE BULLS ARE EXHAUSTED !
AS WE SEE HERE , AFTER BREAKING SOME TREND LINES :
-IT FORMED A TRIANGLE
-TESTING THE UPPER TREND LINE
-TESTING THE RESISTANCE LINE
-FACING 0.618 FIBO

I THINK A NICE SHORT IS WAITING FOR US , BUT THE PRICE ACTION WILL CONFIRM IT .
WAIT AND WATCH ! GOOD LUCK :)
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.