S&P 500: Potential Short-Term Bearishness

Hey traders! There has been a wedge breakout to the downside. Keep an eye out for continuation. Should it occur, further downside to the two targets is likely before the uptrend continues. Cheers

Trade attivo:

There's the breakout! One way to trade this is to wait for consolidation on the 1 hour time frame and sell the continuation. Cheers

Trade chiuso: obiettivo raggiunto:

T1 Complete. Still expecting more downside toward T2.

Trade chiuso: obiettivo raggiunto:

T2 Achieved