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Amazinghong

Bull Trap and Momentum Selling

Short
S&P 500 Index (OANDA:SPX500USD)  
Amazinghong  
OANDA:SPX500USD   S&P 500 Index
S&P 500 (SPX500)
3
0
spx500
Significant price action that accompany by high volume happen today.

Price plunge from 2440 area, break 20MA and 50MA in a day. Momentum selling high probability will continue and break 2400 area.

Key level to watch 2400 to 2410 area whether any price rejection happen and whether support can hold.
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