======================================= September 28, 2020 -------------------------------------------------------> 10-02-2020 S&P500 Trade Setup -------------------------------- S&P500 Trades can be found in this post...
One is looking at a Double Top here and probably at the beginning of a massive sell off. There is also that huge Bat looming above this with a PRZ 50 points lower from here.
Here we have the pullback to the former support, now resistance. It's a classic setup where I look to go short, maybe in the daily TF. Watch out for shoot through the line...be patient! Target is the Centerline. P!