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peterdcharlebois

SPX500 If it's an ending diagonal, this is around where it drops

S&P 500 Index (OANDA:SPX500USD)  
peterdcharlebois Updated   
OANDA:SPX500USD   S&P 500 Index
Support and Resistance Wedge Elliott Wave
3
1
supportandresistance wedgepattern elliottwaves
If the SPX500 is playing out as an Ending Diagonal then the turn needs to happen soon. Basically, it needs to not breach the upper diagonal line by much at all. I'm looking for a reversal candle or drop below this current extended candle to set up the trade.
Trade active:
I think I'm going short
snapshot

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