Keops

SPX500 | 3H | DOUBLE ELLIPSE SETUP

Short
Keops Updated   
OANDA:SPX500USD   S&P 500 Index
Price captured by downward ellipse.. looks like market participants is slowly realizing that the punch bowl will not be refilled..

Busting 2nd ring is not a positive indicator..

Cheers,

Keops
Comment:
ellipse setup is crazy !! check this out:
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