I enjoy making charts simply to see how close my ideas are, (disclaimer: I don't trade every chart I make), this one is no different. I am not holding anything in SP 500, but the bigger picture seems clear, headed to a bear market. My best guess is that we fall into a bear flag from here. Watch the RSI for confirmation, we could rally, make a lower higher and a higher low, typical bearish set up.
Short Entry : 2500
Short Target: 1500 - 1200
Short Entry : 2500
Short Target: 1500 - 1200
Note
Well I was wrong about this one! lmao, I dont claim to be perfect
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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.