Short

Updated

SP 500 short at top of channel

Divergence, wave structure. Why not?

Note

Looks like were getting an extended 5 wave on a larger degree.

Ive hedged my position at 2333.25 to prevent an unnecessary stop out. I feel very strongly that this will come down sooner or later.

snapshot

<-Possible reversal area.

pAulseperformance

Trade, Code, & Travel.

pinescriptstrategy.com

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pAulseperformance

Trade, Code, & Travel.

pinescriptstrategy.com

Also on:

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.