Fxprotrader
Short

SPX500: Breakout Below Lower Parallel Signals Shorts

FX:SPX500   S&P 500 index of US listed shares
527 0 16
5 months ago
Although we have a valid upslope and price is at the lower parallel of the median line set i will watch for a sell setup completion in SPX500             mostly because of the big bearish divergence at MACD . We already have price breaking below the slide parallel with a big sharp move and most likely it will break below the lower parallel. In this case i will wait for a consolidation and watch for a sell setup completion in order to go short.
5 months ago
Comment: Price broke below the lower parallel. We should now wait for a correction and watch for a sell setup completion
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