SP500 1D SHORT - downtrend channel testing fib supports

test of support @2040 which is also 23% fib retracement then test of main support @2000 where the 38% fib retirement passes. if support @2000 does not hold the recent rally may fade

Kommentera:

the reaction on the 23% fib level is now testing the resistance at 2079. if resistance holds the continuation pattern leads to 38% fib level at 2000

Kommentera:

the trend downwards continues leading to test again support @2040

Kommentera:

the trade is confirmed

MAIN: SELL@2075 TARGET@2000 STOP LOSS@2085
ALTERNATIVE: BUY@2041 TARGET@2100 STOP LOSS@2031

Kommentera:

the trade is confirmed

MAIN: SELL@2075 TARGET@2000 STOP LOSS@2085

ALTERNATIVE: BUY@2014 TARGET@2100 STOP LOSS@2031

Trade stängt: Stopp nått:

breakout of downtrend.