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DSltz
Oct 13, 2019 6:05 PM

Shooting Star for SPX. Bearish Pattern forming Short

S&P 500 IndexTVC

Description

This looks like a correction. We gap'd up and hit resistance at 2994. That rally couldn't get pass the 2994 resistance. If SPX breaks the the support at 2960, I can see the gap getting filled. If SPX does fills that gap and closes below 2930, this will confirm that this was all a corrective move. I want it to close below 2930 to test the deep lows around 2820 WE HAVE TO STAY BELOW 2994. OTHERWISE THIS DOES NOT MATTER AT ALL
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