SPX500 monthly

FX:SPX500   S&P 500 Index
50 3 3
bear deep crab appeared on monthly chart . levels down - 1st-1823 ( shark ), 2nd-1575( shark ).

the most difficult think is to change the way of trading on trend change.
I see short term targets like h@s and crab (1990), larger h@s (1940) and etc, but think it's better
not even try to trade any bounces from these levels. I suppose down speed will be great this time.

so, hold short.
Yep, I think we go down for 2 days
+1 Reply
what levels would defy or invalidate this pattern? I have been waiting to see the chart take reverse immediately but seems like there are still few bars after the pattern..so is the pattern complete?
julia17 NikhilMulley
till 2140 (1.618 fib) it is active and it is completed now.
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