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leszekstanislaw
Aug 16, 2015 10:34 PM

SPX500 M15 Butterly and nothing else... Short

S&P 500 index of US listed sharesFXCM

Description

The S&P 500, or the Standard & Poor's 500, is an American stock market index based on the market capitalizations of 500 large companies having common stock listed on the NYSE or NASDAQ. The S&P 500 index components and their weightings are determined by S&P Dow Jones Indices.

Recently there was harmonic pattern by harmonic pattern, and maybe this time - another one? Butterfly?
  • D point on top channel line - good!
  • C point - not very perfect, outside of .382 - .886 of AB

Target - mathematical RR 2x, based on SL which is 1.45 of XA.
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