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Fakeoutking82

SPX500USD 20% COIRRECTION IN PLAY

Short
S&P 500 Index (OANDA:SPX500USD)  
Fakeoutking82  
OANDA:SPX500USD   S&P 500 Index
Support and Resistance Trend Lines Wedge Rising Wedge S&P 500 (SPX500) correction stockmarkets short Bearish Patterns
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supportandresistance trendline wedgepattern risingwedge spx500 correction stockmarkets short bearish
This is an update for the previous chart.

A Rising Wedge formed in November 2020, you can see that it has broken to the downside with a target retracement of 20% medium term.

I opened up a short as soon as we broke the trend, one can play through each level of S & R seen on the charts.

3640 is the target for 20% downside.

Buy resistance, sell support. NFA.

Safe trading.

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