According to the scenario, the s & p 500, has a higher trend line that marks it since January 2018, which shows a bearish momentum, then the price hits the same top trend line again in October 2018, which at the same time, the bearish impulse is resumed, finally, it is currently played and it seems that it could go down; the price is showing me impulses similar to impulses (h1), shows rejection in the upper trend line. A possible scenario to enter into trade would be to break the directive closest to the price and wait for the retest to the last validated minimum. Otherwise, if the price is based on the upper trend line, the picture changes. Good trade!
It seems to what I call a reversal pattern, when the price slashes an area and returns to it, it even plays a little, however a recoil to the area and leaving an entry trigger (downward) would be a perfect entry. However the price can not enter and go down without opportunity to enter