LegoTonix

SPX500 Watch out possible major top

Short
SPCFD:SPX   S&P 500 Index
The situation is quite worrying,

we start to dump hard on nasdaq and crypto i guess this might be the begin of major correction after months bullish trend on tech sector

we have also peading red candle on heikin ashi on weekly on SPX500

for shorting on mid/long term i guess is better to wait the breakout of the channel on 4h

target can be around 3000 for long term

Thanks for reading!
Trade active: breakdown

Comments

Great work
+1 Reply
Excellent point
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best analysis...
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