SPX is in a melt up situation. It is unwise to sell until we have a clear signal.
I am monitoring a rising wedge pattern as a potential entry to swing short.
Entry confirmation would be on a daily candle close firmly below the rising wedge support line.
Bonus confirmations:
Bearish engulfing/Pinbar
High volume
Impulsive selling
Good luck.
I am monitoring a rising wedge pattern as a potential entry to swing short.
Entry confirmation would be on a daily candle close firmly below the rising wedge support line.
Bonus confirmations:
Bearish engulfing/Pinbar
High volume
Impulsive selling
Good luck.
Trade active
Looking for entries on a break of support
Trade active
rising wedge to corrective rising channel. Break into EOD, sellers may show up.
Trade active
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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.