S&P 500 looking frothy
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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