MarcoJarquin

Short on SPX500 - awaiting confirmations

Short
OANDA:SPX500USD   S&P 500 Index
Sharing my thoughts and observations on SPX500. Divergence observed at MACD and RSI (external) using H4 chart triggers the signal of a potential change in trend. If that's true, the fifth wave would have been completed. A TP could be set in the confluence point of Wave 4-5's Fibo 38.20% and Wave 4-X's Fibo 100%. Awaiting confirmations.

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