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S&P500 Channel Up broken downwards

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Indeks S&P 500 (TVC:SPX)  
TradingBrokersView  
TVC:SPX   Indeks S&P 500
Trend Analysis Chart Patterns Technical Indicators SPX (S&P 500 Index) us500 standardandpoor500 SPXUSD S&P 500 E-Mini Futures
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trendanalysis chartpattern indicator spx us500 standardandpoor500 spxusd es1!
The price closed under the MA50 4H for the first time since January 9th.
Similar Channel Up pattern in December led to a 0.786 Fibonacci correction.

Trading Plan:
1. Sell on opening.

Targets:
1. 3955 (above 0.786 Fibonacci)

Tips:
1. A Double Bottom on the RSI 4H Buy Zone would be an excellent buy confirmation.

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