FX:SPX500   S&P 500 Index
Look at this Shooting Star on the 1 Hour chart. Investors are ready for it. That shooting Star (part of the Hammer family) shows itself and bang!, look at that drop! A nice reminder that traders are ready with all eyes on this overbought index. -Happy Trading!

I moderate a small community 4 traders, analyzing weekly charts, and discussing trade setups. Focusing on psychology.
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.