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Matewan3291

$SPX failed, but gave us some room to play

Short
S&P 500 Index (SP:SPX)  
Matewan3291  
SP:SPX   S&P 500 Index
Trend Analysis Harmonic Patterns Technical Indicators Stocks nyse stockmarkets sp500short nasdaq DOW
3
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trendanalysis harmonicpatterns indicator stocks nyse stockmarkets sp500short nasdaq dow
Symmetrical triangle, a continuation pattern.
So we clearly failed not only to reach the recent 2815 resistance, but also the March 2018 resistance of 2800.
Next we go down to support from late April/early May.
Play the triangle. Until we see a breach of the triangle (should be down), enjoy the swings.
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