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Shorterm MEGAPHONE on SPX
S&P 500 Index
Short
Shorterm MEGAPHONE on SPX
By PawelBanachowicz
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Jul 18, 2016
6
3
3
Jul 18, 2016
Correct me if I'm wrong but I see:
a - bottom support
b - top support
c - megaphone pattern
d - cycles (blue lines)
So I see such scenarios:
D - PRINT PRINT PRINT by FED friends and rise right to the moon ;)
C - small correction and then moon
A & B - Big drop as shown, with crash perspective
SL 2248 or none
TP 1970
RR ratio: 3.13
Please let me know what do You think guys.
sp500index
sp500short
SPX (S&P 500 Index)
PawelBanachowicz
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