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nisarchemist42
Sep 1, 2023 5:30 AM

SPX Short

S&P 500SP

Description

SPX shows ABCD bearish pattern and D point act as PRZ so price will move down and trend shows reversal zone
Comments
Tradersweekly
Thanks for your idea. One thing that caught my attention is that the relief in Chinese stocks stagnated after the initial rally following the regulator's intervention over the weekend. We may see the same in the U.S. stock market.
Woerle
Good analysis. Your prognosis is supported as well by a SHS formation with a potential to 4490 from where could be further downward movement as we are in a seasonal risy period and news events may be more bearish than bullish.....
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