SignalSwiss
Short

SP500: Medium-Term Consolidation

INDEX:SPX   S&P 500 Index
In monthly time frame, we see a possible development of "C Area" and potential arrest of technical rebound, we think that from this area, could start a second bearish leg with potential test 50MA developed with (a) AB=CD bearish pattern . TARGET 1 @ 1.895 (d AREA) and TARGET 2 @ 1.795 (D AREA) and a stop protection above 88.6AB or HS.
===========================================
We appreciate your interest in our analysis, if you agree (or not) with our work, and would like to continue reading our opinions, be part of it with your "I Like"... Thanks a lot!

SignalSuisse
http://www.nonsolotrading.com
Comment:
snapshot
TRADING ROOM
WebSite: http://www.tradingswiss.com
Broker: https://goo.gl/LGQ56W

SOCIAL CHANNELS
StockTwits: https://stocktwits.com/SignalSwiss
FACEBOOK: https://www.facebook.com/NonSoloTrading
FB GROUP: https://goo.gl/oAXwZR
bicktash muslim_islam14
any words to accompany your thoughts?
Reply
!
Reply
Hate to break it to you, but you are looking in wrong direction. SPX is getting ready to make new highs. They will first exhaust this range. XLF will lead the way. I hope people don't get too short. They are luring shorts in like crazy.
Reply
thanks for your opinion! happy trading!
Reply
Very nice. Thanks again for all of your fantastic posts! I am seeing the similar for the Nasdaq
snapshot
+2 Reply
Thanks for sharing. I'm a newbie and wonder what level is 88.6AB or HS? Nice weekend!
+1 Reply
United States
United Kingdom
India
Deutschland
España
France
Italia
Polska
Brasil
Россия
Türkiye
Indonesia
Malaysia
日本
한국
简体
繁體
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing Priority Support Ideas Published Followers Following Private Messages Chat Sign Out