MonetaryRebel

Loading up my short position

Short
SP:SPX   S&P 500 Index
Currently in the yellow resistance field, going up in what looks like a bearish pennant.
Between the .618 and .65 fib ratios is my favorite place to load up for the next stage.
Stop loss set at around 2700 cause if we breach above the green line, we're looking bullish again.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.