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groovyxtrader

s&p crash ahead

Short
S&P 500 Index (TVC:SPX)  
groovyxtrader  
TVC:SPX   S&P 500 Index
Trend Analysis Chart Patterns Wave Analysis
3
2
trendanalysis chartpattern waveanalysis
the market reversed to the downside with a bearish engulfing daily candle at the top of expanding triangle structure, and then started to trickle up correctively with low upside momentum.
we could see a probable rejection at the double top area or a break down from the ascending channel.
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