SPX - intermediate top in or another high coming?

FX:SPX500   S&P 500 Index
SPX             overthrew the top TL before reversing and also back-tested that TL before heading lower again (highlighted on the chart).

Right now, SPX             is testing the lower TL and it is critical to watch the reaction here.

Normally, after an overthrow and back-test one would be tempted to go all out bearish , but this market has proved with the current rally off the lows that it can turn seemingly bearish situations around. So a caution stance would be to wait for the lower TL to get broken before announcing the "all clear" for shorts.
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out