SPX, doubling the top
Updated
Simple doulble top from the S&P 500 Index. The index broke 2 bullish trend lines. I am waiting to see what happens on the current support level. Would be a nice shorting opportunity if the support doesn't hold.
Use risk management as always.
Thank you for reading.
Use risk management as always.
Thank you for reading.
Note
As DrLotto said, starting to look like an abcde pattern. Position never taken because the support line was never broken.Order cancelled
Support held. Trade never taken.
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