themarketzone

When there's blood on the streets...Reversal ahead?

Long
FX:SPX500   S&P 500 Index
Bullish Bat and Daily Outside Bar.
Two different daily patterns the suggest that maybe we are heading for reversal in $SPX... Maybe..
The Outside Bar will be triggered only above 1940 so perhaps you can seek smaller time frames for better timing for your entry.

The Bat pattern's PRZ starts near 1900.
The stop loss should be at least below 1870

For the brave ones among you :)


Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.