Prediction of a Short on SPX500
Entering factors is a strong long wick rejection from a previous 4x zone (Respected zone)
Switching to Daily chart this would set up for a potential in my opinion triple top
TP1/4137.84
TP2 if continuation 4097.30
TP3 if markets permit 4076.94
Please let me know what you think, on your end.
Constructive Criticism is welcomed
Entering factors is a strong long wick rejection from a previous 4x zone (Respected zone)
Switching to Daily chart this would set up for a potential in my opinion triple top
TP1/4137.84
TP2 if continuation 4097.30
TP3 if markets permit 4076.94
Please let me know what you think, on your end.
Constructive Criticism is welcomed
Trade active
Trade closed: target reached:
TP 1 Hit Then a massive move back to the up side