Mihai_Iacob

SP500- Hanging man in resistance, a warning for bulls

Kort
OANDA:SPX500USD   S&P 500-index
After a nice Pin Bar in support followed by a 4 days uprun is time for the "hanging man" to give us a warning...
Friday's session was dominated by NFP's volatility and I wouldn't have paid much attention to this candle if it hadn't been in resistance.
I expect 3500 zone to be a hard zone to pass by bulls and the index could fall to at least 3200 in the next 2-3 weeks.
I'm looking for selling opportunities.

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