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S&P 500 Index
Short
Updated

S&P500 is going down => Good price to open a SHORT position

574
As you can see, we have a clear Wolfe wave pattern with MACD confirmed divergence.
The up move of S&P500 is near the end and can start open a Short position with first target around 2700 points zone.

I will update this idea.

Good Luck!
Trade closed: target reached
Congratulation - the target achieved.

Nice profit!
Slavash
Chart PatternsTechnical Indicatorssp500indexspshortSPX (S&P 500 Index)S&P 500 (SPX500)spx500shortTrend Analysis

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.
Chart PatternsTechnical Indicatorssp500indexspshortSPX (S&P 500 Index)S&P 500 (SPX500)spx500shortTrend Analysis
Slavash

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.