interesting development here, i prefer this to spx because i have more confluence. there is a bullish engulfing on weekly and there is less than 2 days for it to close so this short should be valid unless the weekly candle close as bullish engulfing. this is a counter trend move we are still bullish trend until proven otherwise. might get entry today or tomorrow will have to see price reaction first before anything. if price breaks past this level then it will be very unwise still looking to short this market
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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.