peterdcharlebois

SPX500 - Is it developing as an ending diagonal

OANDA:SPX500USD   S&P 500 Index
I promised I would put some labelling on this chart if I thought there was a probability of an ending diagonal unfolding. Here it is. Regardless of your analysing methodology, a neutral stance is called for unless you are already in a trade. But clear technical levels are presented for where "risk" to the downside is best exercised. The most important rule in trading is to : "Let the Trade come to YOU!
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