FX:SPX500 S&P 500 index of US listed shares
We have solid arguments for down movement from the such as divergence, price reversal from the confirming by and drop. Possible entry levels can be on hourly charts. Price reached MA100 on 1H chart and reversed. histogram also falls and it's a signal for opening short trades. Place a pending order below MA50 and stop above MA100 or the . Profit target can be the swing low.
Trade closed: stop reached