Loii

ANOTHER SCENARIO FOR MARKET CORRECTION

Short
Loii Updated   
FX:SPX500   S&P 500 Index
We're near the market tops I estimate it can be anywhere near $2030-2050. My previous esitmate was 2020-2030.
1. At key Resistance/ Wedges
2. RSI daily overbought
3. hidden bearish divergence with previous drop highs
4. hitting 200 & 300 daily MA

Trading plan. I will wait for a 4hr candle close before 4HR 20EMA before committing to this short.
Comment:
FYI: I have not shorted the market yet. new top estimates based on wedge lines is 2070-2100. I will look or some sort of divergence before shorting the market

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