Overbought S&P500 + negative divergence. Declining volume with head and shoulders forming.
Trade closed: target reached
Had to change the price objective because price broke the neckline later than expected. + extension of resistance during 14th to 19th could support the prices at this level.Disclaimer
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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.