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catndog
Aug 9, 2016 5:17 PM

Double Top or Fail Double Top? Short

S&P 500 index of US listed sharesFXCM

Description

Still have a feeling the S&P need to be correct this month
before it rally above 2209
If want to Buy better wait for pullback
When the price very close to 2177 it will confirm the sign for correction
Short @ 2184
Stop loss at 2186

Comment

downward momentum didn't build up very well because
Buy>>>>Sell
but maybe a 3% correction in short term is very healthy
Long term is always in long and after this Short term
correction. Be bold Buy Buy Buy again

Comment

now is a triple top
will it fight back this couple days
I just know tomrrow is an important date to decide short or long
it will tell u the direction

Comment

stop loss was hit again
but i think if u are a true believer
it will fall at least 2%
before a big rally
Comments
Quantum_Maryland_Capital
Agree with the break of 2177 as that is about where this little cycle began
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