SPX500 | Bearish Breakout of Channel & Structure, RSI Divergence

See chart. Very interesting fib reactions throughout the channel. Rejection at $2890 where three distinct fib extensions converged.

Bullish trend is not yet invalidated, but the setup is very convincing. Looking for confirmation to short.

Trade stängt: målet nått

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Update: possible bullish inverse h&s

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Close to neckline, but neckline is still in tact