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AidanMDang

SPX500 | Interesting Pattern: Price Should Make a Lower Low!

Short
S&P 500 Index (OANDA:SPX500USD)  
AidanMDang Updated   
OANDA:SPX500USD   S&P 500 Index
Trend Analysis Chart Patterns Technical Indicators
34
8
trendanalysis chartpattern indicator
Hey guys. Technical analysis is defined as “forecasting the direction of prices through the study of past market data”. As you can see here SPX has repeated historic price action near perfectly. Although I am still not expecting a total turnover in the market just yet, I do expect price to continue down and break the most recent lows before we see any more bullish price action. Let me know what you think in the comments below!
Trade closed: stop reached:
SPY 289 Puts 5/13 Exp PRINTED today. Hope you all found this idea useful!
Trade closed: target reached:
I meant to update the idea as target reached lol 😂
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