Outside Bar with bearish Butterfly near the X of a Bat
Complicated ahh? :)
Multiple bearish signals on $SPX following Yellen's speech
Bearish Outside bar was formed earlier today but the price hasn't closed below the low yet (only spiked)
Price is still above Fast SMA line.
A close bellow 2060 should trigger the move towards 2050.
Weekly close is what matters for longer term reversals so yesterday's rally still doesn't impress me
Read more about $SPX, $SPY and $DXY - goo.gl/sTgxOJ
Tomer, The MarketZone
Follow me on TradingView
Subscribe to my newsletters -
Follow my blog - goo.gl/78KZsl
Subscribe to my Youtube channel - goo.gl/q8dbyT
Multiple bearish signals on $SPX following Yellen's speech
Bearish Outside bar was formed earlier today but the price hasn't closed below the low yet (only spiked)
Price is still above Fast SMA line.
A close bellow 2060 should trigger the move towards 2050.
Weekly close is what matters for longer term reversals so yesterday's rally still doesn't impress me
Read more about $SPX, $SPY and $DXY - goo.gl/sTgxOJ
Tomer, The MarketZone
Follow me on TradingView
Subscribe to my newsletters -
Follow my blog - goo.gl/78KZsl
Subscribe to my Youtube channel - goo.gl/q8dbyT
Trade closed: target reached
