FiboSwanny

Lower Highs in the SP500 means bearish

Short
CME:SP1!   None
The gap circled on the chart with the market not even getting to the trend line is a bearish signal. Also, the lower highs already spell out a sell opportunity.

Look for a move back to fibonacci retracement levels. A move to a new near-term high would spell a continue bull move.

Thoughts?

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