I just noticed this sell signal released last week on Wednesday, September 20th...
As you see in the daily chart below we have a TD combo sell signal triggered on daily chart (bar no. 13).
I think it could be time to retest the red break up trend line @ around 2470 SP cash.
If we bounce from there we should still be able to print the upper target @ 2536... if not, then we we should have seen a meaningful top that could last for some time.... (remeber last week call from the top analyst mr. Tom Demark?)
Trading signals and market predictions for SPX cash sessions. S&P500, E-mini futures, daytrading, SPX, Market forecast.
buy-sell
RISK DISCLOSURE: The risk of loss in trading commodity futures contracts can be substantial. You should, therfore, carefully consider whether such trading is suitable for you in light of your circumstance and financial resources. Any advice or information on this website is general advice only – It does not take into account your personal circumstances. Please do not trade or invest based solely on this information. This information is purely for educational use only. Past performance is not necessarily indicative of future results. Trading is not suitable for everyone.
Subscribe to:
Post Comments (Atom)

No comments:
Post a Comment