Tr8dingN3rd

SPX500 - Thin Air...very thin!

Short
FX:SPX500   S&P 500 Index
Not just because it ran up like hell, but because
it has physically reached the extreme at the
U-MLH (black).

Don't get me wrong!
Markets can run to 10ths of extremese. But in
most of the time we deal with the standards.

What else do we have:
- resistance zone
- Action/Reaction reached
- reversal Bar
...and all in all: Confluence, created by the facts.

Let's observe and learn....

P!
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