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PRO_Indicators
Sep 21, 2017 5:27 PM

SPX / D1 : Triple short signal (price, sinewave, momentum) Short

S&P 500 index of US listed sharesFXCM

Description

No need to be long on the comment... it's a clear three uncorelated signal here... so very low risk entry point to play these two corrective waves.
We've got both Sinewave & Momentum indicators giving signals and they're doing it on a precise price target projected from the major Elliott count.
At this point any support breakout is a confirmation. The stoploss can be placed at a 1:3 ratio from the first theoric target.

Hope this idea will inspire some of you ! I'ld appreciate any like/follow if you feel like it deserve it ;)
You can check my indicators via my TradingView's Profile : @PRO_Indicators
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