FX:SPX500 S&P 500 index of US listed shares
1.618 inverse EXT on SPX . We could sell the break out ? What do you think ?
I see a strong resistance overhead as you are showing here with red line. I don't see deep down for the moment because there is still some energy to high side on daily and weekly view, but all other timeframes are showing down trend. Actual potential is weak with only minus 5% approximately. On monthly view that is another story, patience will work.