Get started
MarketsFloor

S&P 500 - Bearish Butterfly Development

Short
S&P 500 Index (FX:SPX500)  
MarketsFloor  
FX:SPX500   S&P 500 Index
s&p500short S&P 500 (SPX500) index
4
0
s&p500short spx500 index
Price on the daily has respected the 78.6% Fib Zone of a Bearish Butterfly Structure.
We are currently looking to develop the B-C Wave.
Price action of S&P500 is bearish and is losing steam and strength for further upside as in monthly chart too.

Related Ideas

MarketsFloor
S&P 500 - Bearish Crab Completed
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.