US 500
Short

US500 4 hour divergence. Makes us cautios. Or am I wrong?

Updated
I am not taking any position here.
But The 4H divergence is making me a little un-easy. Also its in a 4 hour MACD down hill going curve. Market pumped last week. And I am thinking we are building a daily higher low here. Of some sort.
FIB retracement 0,6 at least for a pullback.
Lets se in the coming day.
Trade closed: stop reached
Well. It was a smaller pullback than anticipated. Maybe I had my stops a little to tight? Not sure.
Chart PatternsTechnical IndicatorsTrend Analysis

Disclaimer