SPX500 Retracement

FX:SPX500   S&P 500 Index
For this chart I used Modified Schiff Pitchfork .

Now price is on the Median of this Pitchfork , we can already see how price jumped back up after reaching it. This gives this low risk Buy order.

Be sure to leave a comment or click the like button.

Comment: I took the trade and It doesn't look good. I will leave it anyways. I will short it in case of break down.
Comment: Looks better now.
Comment: Sell order activated.
Nice job on the trend line in chart and it ties in with a possible Elliot formation that might take us to the mid 90's
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