Short
Short S&P 500 on double cycles completed
We have divergence on MACD.
FB expansion completed at FB 100 level, we also have several False Breakout on H4 Timeframe. Last week the index dropped with nice momentum for this coming weak. I think we can sell the retrace 38.2 from last hight to 38.2 of the cycles.
entry: 2360.3, SL: 2392.6, TP: 2278.
FB expansion completed at FB 100 level, we also have several False Breakout on H4 Timeframe. Last week the index dropped with nice momentum for this coming weak. I think we can sell the retrace 38.2 from last hight to 38.2 of the cycles.
entry: 2360.3, SL: 2392.6, TP: 2278.
Note
only enter with correction, no correction then no entry
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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.