S&P 500
Short

Market Top or Correction, that is the question!

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While many traders and investors surprised by the red color everywhere in the market today, My private followers were fully prepared for this even before this week started!
Those who have early access to my trading ideas have the chance to perform better.
Don't you believe it?
Check my recently private post:
Multi-Timeframe Analysis: S&P500

Hourly Chart: Failed Break. ( Bearish )

Daily Chart: Failed Break + Hanging Man and confirmation. ( Bearish )

Weekly Chart: Shooting star . ( Bearish )

Monthly Chart: ( Bullish )

Futures: below the current market with increased volume above the monthly average! ( Bearish )

Conclusion: Bearish is the most probable scenario.

Educational Articles:
1- Failed Break:
investopedia.com/terms/f/failedbreak.asp
2-Hanging Man:
investopedia.com/articles/active-trading/040914/understanding-hanging-man-optimistic-candlestick-pattern.asp
3-Shooting Star:
investopedia.com/terms/s/shootingstar.asp

If you are interested to have early access to my trading ideas, check the signature box below the post for more information.

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