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S&P 500 Index
Short

Zooming in the SPX. Black Friday incoming? Or Another Bear Trap?

By TradingSurfers
One higher high left on the 1H TF? This upward correction looks more like a B than a 2.

2H bearish divergence on the RSI.
1H bearish divergence on the MACD.
Currently at the trend-line. Now or never for the bears?
Chart PatternselliottwaveprojectionelliotwaveanalysisTechnical IndicatorsSPX (S&P 500 Index)S&P 500 (SPX500)spx500longspx500shortUS SPX 500SPXSWave Analysis
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