26.18 Set-Up on SPX500

29 Ağu 2016

Double top formation with relatively deep correction, now testing the 0.618 retracement, with 20 SMA and horizontal resistance confluence. Also a bearish 50/20 SMA cross-over.

29 Ağu 2016

Not

Strength for the trade if that top channel holds (shown here on the 15-minute chart).

30 Ağu 2016

Not

A close below that support zone is the next sign of strength.

10 Eyl 2016

Not

Target hit and them some (a lot of some) :)