A Bearish Cypher pattern has been detected on 60 min ADP chart, suggesting that we are going to be making moves to the down side. my stop loss is set at 99.54 and my first target is at 97.62, close to a 1:1 ratio, my second target indicated on the chart is 96.94.
ADP(Daily). Head and Shoulders Top. (Retest)
7 month Head and Shoulders break Out, Range.
OBV bearish divergence.
Retest of NeckLine, SMA.
50 200 CrossOver.
Within downTrend Channel, Lower Highs.
Relative breakdown Vs S&P500.