S&P 500 broke the intraday line get ready to sell

S&P 500 broke the intraday trend line on the H1 chart and we can now look for corrections to sell as long as the down trend line from the highs is holding.

Contents hide

1 S&P 500 Technical Analysis:
2 Sell Entry:

S&P 500 Technical Analysis:

H1 – trend line breakout

Sell Entry:

Wait for the price to re-test the broken trend line and if it holds, go short once you see a bearish candle stick pattern on the H1 chart. Stop loss should be placed above 2077

Advertisement

Click To Join Our Community Telegram Group

Vladimir Ribakov

Following 11+ years of trading experience, trading my own accounts as well as for hedge funds and brokerages, I have decided to fulfill my destiny and to personally mentor Forex and Commodities traders. When I released the “Broker Nightmare” (software that hides trades from brokers) 8 years ago, I found an overwhelming number of frustrated people who genuinely wanted to learn how to trade the Forex market, but instead found themselves scammed and misled. Over the years I have also release other trading systems based on my trading strategies, and met a lot of people on my worldwide Forex seminars. We’ve formed a close Forex community and we meet once or twice a year in various locations in Europe.