TradingView
PontusTrader
Sep 20, 2018 3:07 PM

S&P500 right into wedge within a wedge resistance Short

US SPX 500OANDA

Description

This is pure manipulation, this is the blow off - this entire global rally on Thursday is because the US dollar tanked. We have Fed day next week and most likely continued interest rate hikes.

Easy opportunity short here, the Risk Return is skewed heavily in the short side position.

Comment

Oh forgot to add, quadruple winching is tomorrow 9/21 - my body is ready!

Comment

(I) bearish wedge in uptrend
(ii) shoot up over wedge resistance is a bull trap (exhaustion)
More