the5erstrading

Confirmation Level S&P500 10/01/2018

Short
SP:SPX   S&P 500 Index
After the recent uptrend, i prefer to wait for reversal opportunity,
If the price will breakout the confirmation level, it indicates the
Bullish momentum changed to bearish, in that case, i'll look for P"A
Setup to open sell position, my first target will be the demand below,
And the final target is the demand at the bottom.

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