jojofang0901

SPX500 Wait for sell confirmations

Short
jojofang0901 Updated   
OANDA:SPX500USD   S&P 500 Index
Hello:

Looking at SPX for sell opportunities.

We see most of the indices took a hit last week, and could have bearish continuation run in the up coming weeks.

I do like the price action and structure on SPX here. Price hit a double tops, and the top of the channel structure.

We then see a lower time frame bearish move down, now I like to see a continuation correction to form here to take it down to the bottom of the channel, and see what price will do at that area.

Thank you
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