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Dragon_Investments
Jul 31, 2019 12:59 PM

megaphone has been formed Short

S&P 500SP

Description

in weekly chart we can see a broadening formation that suggests a short leg now, there is a possible divergence between price and momentum (10 weeks), if we observe daily chart we can see a lower volume in bull days and higher in bear days.
Price will move between 2960 and 3050 in next days, a break below 2960 would suggest a strong sell with first important target at 2700$.
The fed will move the markets and could push down wall street, let s see!
contact me if you want our signals!!
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Francesco
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