Johnny_Yu
Short

WAIT FOR THE SECOND FAILURE TRY TO SHORT S&P

FX:SPX500   S&P 500 index of US listed shares
208 1 4
1. BUYER MAY TAKE A REST AFTER RECENT RALLIES;

2. PRICE MAY DROP TO 2133 IF IT CAN NOT CREAT A HIGHER HIGH

3. PAY ATTENTION TO THE AREA 2154-2155.6, IF THE SECOND TRY FAILS, IT WILL SOON DROP THE BOTTOM OF THE RANGE 2146 WHICH I MARKED BEAR TRAP

4. PRICE MAY DROP FURTHER TO 2133-34 BY MEASURING THE HIGH AND LOW OF THE RANGE(2146-2158)

5. NORMALLY, PRICE WOULD DROP VERY QUICKLY AFTER CREATING NEW HIGHS, FOLKS MAY RUSH INTO THE MARKET, WHILE BIG INSTITUTIONS START TO SELL.
Johnny_Yu
4 months ago
snapshot


The Momentum is so strong that it may be in the middle of ab=cd pattern, the target is around 2196.
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