S&P 500Short
Testing 100% extension.
S&P is testing 100% extension of prior June Low - July High - August Low move @ 3121.
S&P is trading within a Schiff Pitchfork, drawn form 2019 Low - May high - June Low.
There is still some room for further upside, but it looks pretty extended @ the moment.
Possible pullback area ~ 3000 or descending slope.
4-Hour Chart
S&P is trading within a Schiff Pitchfork, drawn form 2019 Low - May high - June Low.
There is still some room for further upside, but it looks pretty extended @ the moment.
Possible pullback area ~ 3000 or descending slope.
4-Hour Chart
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