YKWIM

Multiple bearish signs on SPX

Corto
YKWIM Actualizado   
OANDA:SPX500USD   Índice S&P 500
After fed pumping the price to save the disaster now price reached the supply zone. but thats not all

there is others signs that make me think about an almost sure imminent dump.

To add more security on that impression there is a bearish harmonic , also a gigantesc bearish divergence on volume of MACD indicator and its also the point 5 of Elliot wave strategy

Price made smaller and smaller candles approaching the resistance , that means bulls are losing strenght within the impulse. I think the next attack from bears will reverse the trend

Comentarios:
In 4h TF there is a kind of rounded top looking at price action.the last two candles was a bearish engulfing followed by a bearish hammer ( forming an inside bar), and it breaks down

a short is possible from here

the analysis is confirmated by a macd 4h divergence and the moving averages are crossing
Operación activa:
point entry : 3317
Stop loss : 3337

tp1: 3277
tp2:3237
tp3: 3197
Comentarios:
multiple entries will be possible.

the final target is the demand zone but I think, price will break through it (fall further)
Comentarios:
dont forget to like if you agree with the chart, your support is valuable to me !

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