tntsunrise
Short

SPX500 Potential Reversal Zone Identified

FX:SPX500   S&P 500 Index
1833 8 62
SPX500             the Potential Revesal Zone is
2072-2100
Watch closely for the price action when:
A: 1.272 ext - 1.414 ext
B: The Red Trend Line Retest
C: 0.886 Retracement
D: RSI over bought or divergence
SL: 2150
Target: 0.382,0.618, and more
Comment: 2098 SHORT ENTRY FILLED
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I'm in to @2093 not waiting for 2109 cause it may not come
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Thank you for pointing out this good profit opportunity, I plan to short at 2109 (hope it goes there) with tight sl 2130 an for tp 1855
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tntsunrise lucianfx00
agree! Trade your plan!
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Rocketman tntsunrise
I also shorted the SPX500. Same spot, but target is 1600. I'll keep open-minded.
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Tx Tntsunrise- I have been bearish here but market reversal has been very powerful-Tyour chart makes sense within my own analysis framework. Fundamentals are not strong enough to get to new highs in my view but of course technical analysis depends on the price action day to day, week to week etc.
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nice one.
seems a potential gartley is forming as well
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muslim_islam14 mcpeacocks
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