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S&P 500 Index
Short

S@P500 Short trade

214
Firstly, i had drawn pitchpork and fibo retracement on last big swing price action. In result, i found resistance and support lines. After that, i observed that there price action in rising wedge pattern. As well as MACD,Stoch and RSI indicators given a signal of short trade. Finally, in my opinion,S@P500 index price down out rising wedge while ought to do short trade.
temuujin
Chart PatternsFibonacci RetracementTechnical IndicatorsRising WedgeshorttradeS&P 500 (SPX500)stochasticdivergence

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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.
Chart PatternsFibonacci RetracementTechnical IndicatorsRising WedgeshorttradeS&P 500 (SPX500)stochasticdivergence
temuujin

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.