newbie83
Short

S&P 500 Potential Short Idea

FX:SPX500   S&P 500 index of US listed shares
295 4 11
S&P             looks like it's developing into a broadening top.
Also at major top area currently.
Seems to be having divergence too when looking at MACD direction.
Will short if there is a H4 bearish price action.
That's right. it seems very bullish now. so may just take a small position if it even happen at all.
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personally, I wouldn't short until the top is made, then retested, then declined from, then after the spike to those very same highs has risen and price has sub sequentially fallen. lol
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what does H4 bearish price action mean?
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_AU79888_ rodrickhan42
a reversal pattern like an evening star or an engulfing pattern. also, the more volatile the price action, the lower the leverage you should use until the "storm subsides" and the market has its mind made up
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