S&P500 Double Top

Price bounces from the resistance level 2186.50 and we have several signals for opening short trades. We have reversal chart patterns as double top, we have reversal candlestick pattern and confirmation from MACD and RSI. Also DMI allows open short trades. And we should try to catch the possible down movement. Entry level is below Moving Average 50. Stop must be placed above the local swing high and target is Moving Average 100.

Trade stängt: målet nått