S&P carving out next move at quadruple top!
S&P makes a quadruple top, and this week let's us know it's next move!
If it can get above 1888 levels, a major bullish breakthrough would be expected.
My favourite trade, however, is to the short side with a tight stop and a high risk reward ratio.
Bad news is for the past 2 years, shorting the S&P500 hasn't turned out well.
Neutral for now until a few more bars come our way...
If it can get above 1888 levels, a major bullish breakthrough would be expected.
My favourite trade, however, is to the short side with a tight stop and a high risk reward ratio.
Bad news is for the past 2 years, shorting the S&P500 hasn't turned out well.
Neutral for now until a few more bars come our way...
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Penafian
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