SPX Reversal Price Action to sell
Hello everyone:
For last few weeks I have been talking about the potential bearish reversal on most of the indices. Now the market looks like it may be giving us more development to lead to a potential sell.
We see price has been correcting for sometimes within the ascending structure.
Latest price shows LTF double tops, sharp pushed to the downside.
Either look for a right shoulder to form a H and S pattern to sell
or
Wait for strong bearish momentum to breakout, follow by continuation correction.
Thank you
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