TradingView
maxaus
Jul 17, 2019 10:50 PM

SPX500 - Expecting to test key 50 fib level @2964 Short

US SPX 500OANDA

Description

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.

Trade active

We should see some 2977 level test and pull back to our target 2964.
More