S & P 500 – Cash: Selling On A Retracement
Price Action: Price moved higher from the Bullish Pin Bar + Inside Bar (Combo Setup) that had formed late last week (We did not consider trading this setup, nor did we mention it).
Price moved higher from the recent ultra-small Bullish Tailed Bar Signal that had formed over a week ago (We did not consider trading this signal).
Potential Trade Idea: We are considering selling on a retracement higher and after a price action sell signal, whilst price remains below the 4100 – 4205 key resistance area (Event Area).
Price Action: Price moved higher from the Bullish Pin Bar + Inside Bar (Combo Setup) that had formed late last week (We did not consider trading this setup, nor did we mention it).
Price moved higher from the recent ultra-small Bullish Tailed Bar Signal that had formed over a week ago (We did not consider trading this signal).
Potential Trade Idea: We are considering selling on a retracement higher and after a price action sell signal, whilst price remains below the 4100 – 4205 key resistance area (Event Area).