Potential short term bearish trade - Aggressive C sell entry for a bullish AB=CD pattern.
Price must remain below the 61.8 Fib level and the hourly 50 SMA line.
First target - 2065
Final target - 2058
The bearish setup is inside a broader daily bearish setup I mentioned in my Weekly Markets Analysis newsletters - Read more about
SPX and other trading ideas goo.gl/Jfnwob
Tomer, The MarketZone.net
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Follow my blog - goo.gl/TWWN8C
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Price must remain below the 61.8 Fib level and the hourly 50 SMA line.
First target - 2065
Final target - 2058
The bearish setup is inside a broader daily bearish setup I mentioned in my Weekly Markets Analysis newsletters - Read more about
SPX and other trading ideas goo.gl/JfnwobTomer, The MarketZone.net
Follow me on TradingView
Follow my blog - goo.gl/TWWN8C
Subscribe to my mailing lists - goo.gl/JfOLoR
Trade closed: stop reached
Fast SMA held as support and SPX rallied above XNote
Above A
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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.
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.