themarketzone

Potential Weekly False Break in S&P 500

Short
FX:SPX500   Indice S&P 500
Despite many attempts by Fed members to continue pushing stocks higher, $SPX is now, 30 minutes before the close, below the Fast SMA line and almost back below daily downtrend line.
This is a bearish signal towards next week's earnings season...

Notice that the bearish Bat wasn't violated this week - Double top with X


Tomer, The MarketZone

@themarketzone - Twitter
MarketZone - Snapchat


You can follow my blog on goo.gl/e5I2PP
Subscribe to my newsletters goo.gl/A37aEX
Join the Facebook Group goo.gl/MxkFgq
Follow on Youtube goo.gl/eH3WXV

Declinazione di responsabilità

Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.