FX:SPX500 S&P 500 index of US listed shares
We had a signal for a short trade based on divergence. But the market moved higher and our trade was not opened. Now we have a new signal and entry level. and formed divergence and at the same time confirmed price reversal from the resistance level. DMI allows open short trades. Entry level should be below MA20 and stop order above the swing high. Profit target is MA50.