SP 500 Forming a Descending triangle targeting 2380 -2390
Updated
SP 500 Forming a Descending triangle targeting 2380 -2390 on hourly. A break below 2500 confirms the down trend. Always plan to have 1% stop loss plan in case trade go against chartist view.. Watching closely horizontal support line 2512. Crude also indicating downside...
Trade closed manually
Downside support held and our trade did not trigger.
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