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maxaus

SPX500 - Expecting to test key 50 fib level @2964

Short
S&P 500 Index (OANDA:SPX500USD)  
maxaus Updated   
OANDA:SPX500USD   S&P 500 Index
Trend Analysis Chart Patterns Technical Indicators S&P 500 (SPX500) SPX (S&P 500 Index) US SPX 500 spx500short Fibonacci Retracement cfds futures
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trendanalysis chartpattern indicator spx500 spx spx500usd spx500short fibonacciretracement cfds futures
We've broken ascending flag downwards (which I was expecting in my previous post). Retested lower flag border and went downhill. Temporary bounce right now from 382 fib on low volume, expecting full swing down to test and confirm 50 fib @2964 when volume picks up in US morning.
Currently, i'm definitely short until 2964. Stay smart, tight stops if you are shorting until 2964 from current level.
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We should see some 2977 level test and pull back to our target 2964.
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