Short
Updated

S&P500

After sweeping the 4595.7 area we are bearish on daily bias and we are below our 50 and 8 MA. We broke out of a bullish channel. We look to enter on imbalance and the Bearish Order Block.

Target 1 @ 4491.0
Target 2 @ 4454.0
Note
Stop loss was hit. The 4567.13 to 4520.34 acted as a strong support. We have a nice Institutional Order Block resting at 4491.52 for future use.

Down -0.60%

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