chriswheeler0

SPX CPI Rejection- $4000 incoming

Short
PEPPERSTONE:US500   US 500 Index
Bearish pattern i've been considering! My resistance appears to be holding strong- provided we don't take these highs again, i'm expecting a slow bleed to take liquidity below April the highs/// below $4000 in the coming months.

I have another idea for SPX, leading us past $4700 by the end of the year- i'm certain one of these scenarios will play out soon enough. Using context clues of the market will allow us to position ourselves correctly for these moves!

Happy Trading ;)

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