S&P500 - MINI S&P500 FULL0624 - $SPX rising wedges are a sign of a losing momentum - 07/22/2020 (GMT)
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- Chart + Trading signal
- Signal : Sell signal
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- Entry price recommended : 3 250
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- Stop loss : 3 330
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- Take profit : 3 000
- Timeframe : Daily
S&P500 - MINI S&P500 FULL0624 Chart
$SPX is reaching just shy of 3300 in another minor rising wedge giving us another opportunity for a short trade rather than long. Look to short with the stop loss above 3300 because reversal is in the hands.
This member declared having a selling position on this financial instrument or a related financial instrument.
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