Get started
dragon_88

SPX500 high odd to break the rising wedge

Short
S&P 500 Index (OANDA:SPX500USD)  
dragon_88  
OANDA:SPX500USD   S&P 500 Index
Trend Analysis Chart Patterns Technical Indicators
2
0
trendanalysis chartpattern indicator
Selling momentum just pick up in SPX500USD can drive the Index to break the rising wedge after a long recovering course with absence of smart money.
The first leg may be the recent high at 2875, we can short SPX500USD now and stop loss at 2921
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.