Get started
S&P 500 Index
Short

Further resistance at 2760

By infin0
There is a major resistance at 2800 being 50% retracement of the bear rally. Looking at the 4hr chart, the SPX loses momentum at 2750s. This is a low risk trade with a tight stop. if it breaks out watch 2800 for next sell, or else away we go higher! Trade active sell, 2754, Stop loss 2769.
Chart PatternsTrend Analysis
infin0

Related publications

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.