Short Term Sell Signal at 2782 TREND LINE BREAK/15 Minute Chart

S=P 500 has broken TREND LINE Support on the 15 minute Open Chart at 2782,
rendering a Short Term Sell Signal.
Trend Line Connects the Bottom at 2706.04 on 11/2/18, with the 2740.35 Low of 11/6/18,
drawn out to 11/9/18

This Sell Signal is for Short Term Trend Analysis Only.

THE_UNWIND
11/9/18 1240 pm
NEW YORK

Comentarios:

As I indicated on 11/9/ 18 post above,
S+P 500 has broken important trend line support at 2782.

11/9 late rally afternoon rally
simply brought price back to the break point
but importantly, S+P closed below that trend line at 2781.

This morning's continuation move to the downside,
is reinforcing the bearish implications of that break, and price is
already pushing back down to very important support at 2750.

Market TREND Continues To Be LOWER,..
lead by the Technology stocks, especially NDX 100,.. to the Downside.

THE_UNWIND
11/12/18 1015am
NEW YORK