TerryHarmonicTrading

SPX completes AB=CD move on H1

TVC:SPX   S&P 500
2 observations on the SPX             .

1. AB=CD completion at 2193.
2. Potential big shark completing point C. If it breaks below gap opening around 2180, we could see it move down to point D of the shark pattern at 2152

Trade Plan:

1. If the SPX             goes down as analyzed with harmonic patterns , USD should strengthen temporarily.
2. As primarily a Fx trader, I will look to short XXX/USD currency pairs from now until this shark pattern completes at 2152.
Harmonic trader based in Singapore. Learned directly under the great Scott Carney. For FREE live trading webinars, trading resources and market analysis, please do visit my website at Harmonicforex.com
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