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Short
Updated

SP500 SHORT

222
Currently the SP500 is poiting south.... after the impulsive waves correction aka fed injecting liquidity in the markets, we can see that manipulation clearly with a divergence ( red arrows) price registering higher highs and oscillator higher lows.
Note
Sadly, FED money is more worthy than our opinion and they can keep injecting money today as well. So, beware, trade safe :)
Note
if you want to enter, let MA50 be broken and enter with tight stop. If you want to be extra careful with your money, let price action treat MA50 as a resistance.
theSoothsayer
DivergenceElliott WaveTechnical IndicatorsSELLshortsoothsayerS&P 500 (SPX500)Trend Analysisus500Wave Analysis

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.
DivergenceElliott WaveTechnical IndicatorsSELLshortsoothsayerS&P 500 (SPX500)Trend Analysisus500Wave Analysis
theSoothsayer

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.