Get started
effilang

SP500 - Short Opportunity

Short
S&P 500 Index (FOREXCOM:SPX500)  
effilang  
FOREXCOM:SPX500   S&P 500 Index
Trend Analysis Chart Patterns Beyond Technical Analysis S&P 500 (SPX500) sandp500 short SELL sellsignal signal Bearish Patterns Technical Analysis
0
0
trendanalysis chartpattern beyondta spx500 sandp500 short sell sellsignal signal bearish technicalanalysis
There is an opportunity to short the SP 500 on bounce off the descending channel support line turned resistance.

- Short entries may be initiated now at the peak of the recent pullback from 2726.00 around the 2770 region.
- Stop Losses should be above the swing high of corrective 2772.6 (Red Horizontal)
- Target Point A: 2726.9 (Green Horizontal)

All remaining target and intermediary support zones to the downside are marked below entry by consecutive horizontal lines (Yellow)
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.