The other index that we were looking that evening at was the S&P500.
There was a bearish Butterfly completed at 2340/50. We expected that to be the turning point at the beginning of 2017. However it has gone much higher.
Now I see an AB=CD pattern completing at 2400/2407 level. Would like to see price react at this levels with a bearish pin bar or a bearish engulfing candle. Ideally we hope to see a bearish divergence on the RSI. These would be a perfect scenario to go short on the index.
There was a bearish Butterfly completed at 2340/50. We expected that to be the turning point at the beginning of 2017. However it has gone much higher.
Now I see an AB=CD pattern completing at 2400/2407 level. Would like to see price react at this levels with a bearish pin bar or a bearish engulfing candle. Ideally we hope to see a bearish divergence on the RSI. These would be a perfect scenario to go short on the index.
Not
From last nights drop in the Index, I believe that this could be the correction we have been waiting for. Potential short opportunities on any form of retracement.
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Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.