Chamira

SPX potential DISTRO 7-17

EIGHTCAP:SPX500   Indeks S&P 500
Looking for potential distro inside the last push up on the 1 hour, Daily timeframe is still ranging, being overall bearish but structure is currently bullish, Looking for the Handoff between the 1 hour and Daily to potentially ride price to a new LL on higher timeframe. We shall see.....
There are a few confluences because there is IPA and an 80 level all inside the same POI, making the trade even more of a high probability, great area to sell and hold.
Penafian

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