Forexistential

Further downward potential on S&P500.

Short
OANDA:SPX500USD   S&P 500 Index
The 4H CCI crossed below the 0 line and has room to go. Previous occurrences of this, during a strong trend, do not result in a band-to-band rebound (Bollinger Bands, that is) but in leaning on a band and expanding the range.


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.