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Short opportunity for SP500 ??
S&P 500 Index
Short
Short opportunity for SP500 ??
By M-royce
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Updated
Nov 11, 2018
0
Nov 8, 2018
Reason to Sell
1) 2820 = strong resistance
2) Price pullback to 0.618
3) Fibo Extension 1.272
** Given the bullish candle that formed yesterday, likely to test 2865
4) 2865 = strong resistance
5) Cypher pattern with D at 2865
6) AB = CD
7) Fibo Extension 1.618
Stay tuned!
Nov 11, 2018
Note
Inside Bar breakout from 0.618
Nov 12, 2018
Trade active
rejection from Inside Bar
Nov 13, 2018
Trade closed: target reached
Harmonic Patterns
Trend Analysis
M-royce
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