Quant_

S&P500 Short Setup

Short
CAPITALCOM:US500   S&P 500
SPX500 Short Setup
🔵 Entry Level: $4714.3
🟢 Take Profit: $4632.6 (2.61R)
⛔ Stop Loss: $4745.6

Reasoning:
1) Resistance level
2) Expecting divergence in the RSI Candles indicator
3) Yet to test the lower trendline of the ascending channel

📊 Premium Indicators | https://empyrical.com/

📈 Daily Trade Signals | https://www.tradingview.com/u/Quant_/

🗪 Contact on Telegram| https://t.me/empyrical_com
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.