SPX has broken down that orange colored support. Sypher, trendline, and H&Ss all suggest that SPX is bearish. However we can't decide for sure.
Though it is a technical weakness, shorting is only confirmed if price goes below 3884.
Though it is a technical weakness, shorting is only confirmed if price goes below 3884.
Trade geschlossen: Ziel wurde erreicht:
First corrective target is hit! the Cypher one at 3650.
Kommentar:
Close to hit the top H&Ss target, but I believe there is a double bottom has recently formed.
Trade geschlossen: Ziel wurde erreicht:
H&Ss target is hit and reversed right away.
