Daily 200 EMA + Resistance + Trendline = Short Short

S&P 500SP

Description

⋅ Jan 30, 2019 9:35 PM

We can see price has made a big rallye up to the trendline. We can see that at this point, the 200EMA daily, 28 EMA H4 & 50 EMA H4 are there too.
It's a good point to enter short. Risk/reward is pretty decent.
Wait & see.

Trend Analysis