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Kumowizard
Mar 9, 2018 10:45 AM

From damage to Head and Shoulders? Short

S&P 500 index of US listed sharesFXCM

Description

- Ichimoku setup is neutral, price is at Kumo cloud. Equilibrium level is clear at 2703
- After the pull back from the first damage, market may be developing a Head and Shoulders pattern. If it gets validation below 2700, market would become bearish again.
- Bulls have no real hope as market misses momentum: see negative divergence in haDelta+ and haOscillator

Get ready!

Comments
ForexFever
This is not valid anymore right?
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