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ValkyrieBlue

Clear Short Opportunity - Target 3450

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S&P 500 E-mini terminer (CME_MINI:ES1!)  
ValkyrieBlue  
CME_MINI:ES1!   S&P 500 E-mini terminer
Trend Analysis Chart Patterns Technical Indicators trend breakout ROC Relative Strength Index (RSI) short snp500
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trendanalysis chartpattern indicator trend breakout roc relativestrengthindex short snp500
Price has reached an appropriate height to fulfill the breakout target from the massive pennant earlier this year (shown in blue). Price has now broken downwards from the exit trend and has decisively signaled with breakout volume. RSI has diverged from the September high, and ROC has fallen below the 0 line for the first time since the October correction.

Disclaimer: This is not investment advice. This is my personal opinion.
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