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the_sunship

SPX 500 channel break

Short
S&P 500 Index (EIGHTCAP:SPX500)  
the_sunship Updated   
EIGHTCAP:SPX500   S&P 500 Index
Technical Indicators Chart Patterns SPX (S&P 500 Index) 500 S&P 500 E-Mini Futures SPDR S&P 500 ETF (SPY)
3
2
indicator chartpattern spx 500 es1! spy
Looks like the first impulse down is close to being complete. A backtest of the channel near 3870ish later today or tomorrow is an objective short. Also it may just keep falling. Good luck!
Comment:
Shorting appl, the target should be about 145 before the turn. If I'm wrong they get over 145.5 - this should coincide with the market.
snapshot
Comment:
spx cash session still looks like it wants to get to 3870 area to test the pitchfork fib
snapshot
Comment:
snapshot
SPX cash may still test the pitchfork fib, but maybe not today.

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