Potential Sell for SP500 ??

Updated
Reason to Sell

1) Short-term downtrend
2) 2741 = key resistance
3) Pull back to 0.50 - 0.618
4) Wedge pattern
5) Strong breakout candle = engulfing candle

Stay tuned!


Trade active
Shorted the Sp500

Tp1 around 2670 = near-term support
Tp 2 = Swing Low
Trade closed: stop reached
Stop hit
Chart PatternsTrend Analysiswedgebreakout

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