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Ethereal

SPX500 Retracement

Long
S&P 500 Index (FX:SPX500)  
Ethereal Updated   
FX:SPX500   S&P 500 Index
S&P 500 (SPX500) lost
3
1
spx500 lost
For this chart I used Modified Schiff Pitchfork.
snapshot

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.

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Ethereal
Comment:
snapshot
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:
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Looks better now.
Comment:
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Sell order activated.
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