Get started
Trendsharks

S&P500 Developing a Bearish Crab Pattern

Short
S&P 500 Index (TVC:SPX)  
Trendsharks  
TVC:SPX   S&P 500 Index
Fibonacci Crab Support and Resistance S&P 500 (SPX500) SPX (S&P 500 Index) Fibonacci Retracement Bearish Patterns reversal correction
7
0
fibonacci crabpattern supportandresistance spx500 spx fibonacciretracement bearish reversal correction
The S&P 500 index is currently developing a Bearish Crab pattern, which represents a classic reversal pattern.

Bears can sell at the peak of the pattern in anticipation of a correction to one of the three Fibonacci retracement levels.

Related Ideas

Trendsharks
Tesla at a Critical Junction
Trendsharks
The Nasdaq Poised For Another Bearish Correction
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.