Nshan
Short

SPX500 SHORT IDEA

FX:SPX500   S&P 500 Index
189 0 4
AFTER TRYING TO BREAK SEVERAL TIMES THE PREVIOUS HIGHS,
IT LOOKS LIKE THE BULLS ARE EXHAUSTED !
AS WE SEE HERE , AFTER BREAKING SOME TREND LINES :
-IT FORMED A TRIANGLE
-TESTING THE UPPER TREND LINE
-TESTING THE RESISTANCE LINE
-FACING 0.618 FIBO

I THINK A NICE SHORT IS WAITING FOR US , BUT THE PRICE ACTION WILL CONFIRM IT .
WAIT AND WATCH ! GOOD LUCK :)
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