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RB1988
May 14, 2019 8:35 PM

SPX double top Short

S&P 500 IndexTVC

Description

Looks very much like a double top to me. Weekly bearish divergence (not shown) too. I think at a minimum we retest the Oct 2018 lows. Great R:R trade to short from here (~3.5:1). A break below that pullback line will open up SPX to sub 2K prices, but let's just take it day by day. GL!
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