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CapeAfrican
Jul 5, 2022 8:17 PM

SPX SHORT - 2 REJECTIONS - 4HR CHART  Short

S&P 500SP

Description

Resistance at 3850
Bearish Divergance on the oscillators
Twice rejected - Followed the Fib line down

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3857 on SPX - Short Taken as it touched 3850 - Fib line down - Rejected 2x today --So short it is

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Holding it overnight - 3847 on the close. Unemployment numbers Thursday AM and Friday will move the market - - Strong numbers - Fed Not slowing down on Rate Hikes.
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