Massive Resistance with SPX today. ADDED to short at 2840.
330
Recently shorted at 2850 at resistance and again today at 2840. The bearish rising wedge and the horizontal and diagonal resistance along with Bearish divergence of the MACD all suggest a resumption of the downtrend is imminent. Good luck to all.
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.
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.