Get started
michaeldobfx

Double top forming on the S&P500? Next support line 2700

Short
S&P 500 E-mini Futures (CME_MINI:ES1!)  
michaeldobfx  
CME_MINI:ES1!   S&P 500 E-mini Futures
Support and Resistance Double Top or Bottom Technical Analysis SPX (S&P 500 Index) SPDR S&P 500 ETF (SPY) S&P 500 (SPX500) Double Top Coronavirus (COVID-19)
1
0
supportandresistance doubletoporbottom technicalanalysis spx spy spx500 doubletop coronavirus
Chart shows a possible double top forming after the strong relief rally we saw after the crash in March. I think it is possible that if 2850-2900 level becomes resisted again, then the index could fall to the next major support level of 2700.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.