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davidmrr17

SXR8 BEARISH ETF

Short
ISHARES CORE S&P 500 UCITS ETF (XETR:SXR8)  
davidmrr17 Updated   
XETR:SXR8   ISHARES CORE S&P 500 UCITS ETF
Trend Analysis Chart Patterns Technical Indicators
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trendanalysis chartpattern indicator
EMA 24 (Monthly) Acting as a dynamic recent price support
EMA 50 (Monthly) Acting as a dynamic support

Confluences: May 21 low and -0.27 fibbonacci
Rejecting 0.618 fibb line

Structure flag - A breakdown below the lower boundary of the channel could trigger this idea.
Comment:
last were closed with uncertainty (were closed as doji candle patterns). The 401.16 key level was rejected until now.
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