SPX500 Wait for sell confirmations
Updated
Hello:
Looking at SPX for sell opportunities.
We see most of the indices took a hit last week, and could have bearish continuation run in the up coming weeks.
I do like the price action and structure on SPX here. Price hit a double tops, and the top of the channel structure.
We then see a lower time frame bearish move down, now I like to see a continuation correction to form here to take it down to the bottom of the channel, and see what price will do at that area.
Thank you
Looking at SPX for sell opportunities.
We see most of the indices took a hit last week, and could have bearish continuation run in the up coming weeks.
I do like the price action and structure on SPX here. Price hit a double tops, and the top of the channel structure.
We then see a lower time frame bearish move down, now I like to see a continuation correction to form here to take it down to the bottom of the channel, and see what price will do at that area.
Thank you
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