RealOne_TheMovement

S&P 500 Short Idea

Short
OANDA:SPX500USD   S&P 500 Index
A rising flag has formed preceded by an impulse. At the third touch of this flag's resistance trendline, a rising wedge formed (signalling price may be ready to drop). The sell notion was further confirmed by a break of this wedge's support trendline. An entry can be made on the pullback towards this broken trendline, held as shown on the chart (until longterm resistance now support trendline).

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