PriceActionNation

S&P500 Short-Term Break Down Expected

Short
SP:SPX   S&P 500 Index
After a strong impulsive move down on the SP500, price has been moving in a very corrective nature back to the upside forming a rising wedge heading right into significant resistance. Due to the nature of the price action I am anticipating price to break back down for a nice short term opportunity short.

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Trade with care my friends! :)
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