I m shorting this level if prices fail to break 25.260-300 which seems to act as a strong resistance for now.
Trade FXCM CFD Entry: 26.290 - TP1: 26125 - TP2 26860 - sl:25340
Double top forming on ES
The firgure is not perfect but if prices break through the neck line I will short this stock !
Interesting idea if prices would break the 50 ma that has been a strong support recently, the 200 ma is roughly 5000 $ below ! We can see 2 bearish divergences on the RSI and MACD , stop loss is pretty cheap . Be careful of 50 MA, To follow !
Important support zone we go long on technical rebound with tight stop because below 5000 we go straight to 4700 - 4500 ! ( Good R/R ; Short Swing ; Monitor closely )
$SPX is on key level cheap stop worth the shot !
Swing short on France 40 !