SPX could have another drop

Hi all, lets start from the bigger timeframe which is we can see it as a downtrend then the chart showing a candle rejection on the support that has become a resistance now. we also have a good formation on 1hr/4hr timeframe that we can see it clearly as a head & shoulder formation which is support us to short this indice once again. on the other hand if we failed to short this then means it would be a flag pattern. good luck traders

Nota

buy order triggered

Trade chiuso manualmente

Short order stop reached and buy order target reached. We are in breakeven

Enry26

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Enry26