S&P 500 Index
Short

S&P-500 LOOK at this chart before you SHORT

440
While I see it looks like the S&P-500, DOW-30 and NASDAQ may be going down for the count.
Before you SHORT, This could simply be an unexciting text book flat correction on wave B, ( the same count works for DOW-30 and NASDAQ )
I believe in eliminating all known possibilities before trading.
Perhaps it might be prudent to wait until the close of the Monday session before raising our glasses and making a toast to the TOP.


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.