S&P now set for correction Short

S&P 500 index of US listed sharesFXCM

Description

⋅ Sep 22, 2014 7:00 PM

S&P 500 is now set to pullback. The 2 red arrows highlight rather large false breakouts (of previous swing highs), which are complimented by RSI divergence. Also, Friday's spinning top pattern is being confirmed with today's follow-through selling.