TerryHarmonicTrading

SPX completes AB=CD move on H1

SP:SPX   The S&P 500 Index
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.
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