S&P 500 IndexShort
SPX - 3 things I'm watching & 2 counts
Watching 3 items. all in the same area. It is quite possible the retracement is near complete. Yes it has fooled me as to its length and duration. But the what head fakes do, don't they.
78% retracement
RSI topping
Down trend line (red)
Two counts
1,2 (1),(2) this is very VERY BEARISH. This count invalidates at about 2798
and WXYXZ just slightly bearish just Z to go.
78% retracement
RSI topping
Down trend line (red)
Two counts
1,2 (1),(2) this is very VERY BEARISH. This count invalidates at about 2798
and WXYXZ just slightly bearish just Z to go.
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.