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jojofang0901
Jan 27, 2021 4:59 PM

SPX Reversal Price Action to sell Short

US SPX 500OANDA

Description


Hello everyone:

For last few weeks I have been talking about the potential bearish reversal on most of the indices. Now the market looks like it may be giving us more development to lead to a potential sell.

We see price has been correcting for sometimes within the ascending structure.

Latest price shows LTF double tops, sharp pushed to the downside.

Either look for a right shoulder to form a H and S pattern to sell
or
Wait for strong bearish momentum to breakout, follow by continuation correction.

Thank you
Comments
abel11
My goodness, how impressive!
TheSignalyst
Also holding that one 😉
jojofang0901
@TheSignalyst:) nice to hear ,
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