jojofang0901

SPX500 Look for this short sell

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jojofang0901 Uppdaterad   
OANDA:SPX500USD   S&P 500-index
Hello everyone:

I am seeing a potential sell opportunity on SPY.

The current price action had a double tops, price correctively formed a rising wedge structure towards that area.

We see a sharp drop on the lower time frame, and a potential Head and Shoulder pattern in the making.

I will look for continuation structure to develop here before an entry will be enter.

Look for price to break out of the structure to the recent lows.

Thank you
Kommentera:
Price bounce back up, potentially creating a recent double tops, and small correction forming here. Still looking for the sell entry.
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