JD_TeenTrader

Final SPX Short

Short
SP:SPX   S&P 500 Index
This Index has continuously been going up at a high-speed rate for the past seven weeks. However, after this analysis, I believe this will end very soon, and we will see the start of a market crash for the SPX500. H4 is Severely overbought with a lot of divergence, and there is a triple top to show resistance. There is finally a pattern on Weekly that has never occurred before, thus giving this trade a better chance of success. We will try to sell at the high of 4735 and expect a tremendous ROI.

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