SP500 Mother of all shorts entry point

4 giorni fa

Currently at a critical level as previously mentioned, price filled the gap completely today and the weekly formation is suggesting a form of a consolidation, in case this level holds for the next weekly and price formed any kind of a reversal momentum, i think the sp500 could attempt a final leg up and retest the previously broken support trendlines from below before surrendering to the heavily divergent weekly RSI and take dive lower.