S&P 500
Down Trend.
Price outside the upper band of regression line.
Bearish engulfing.
Price outside the upper band of regression line.
Bearish engulfing.
Note
15 min. 0.21% risk taken I got in a little bit to late but the trade still looks good. I was waiting for a pull up to achieve a better entry point.Bearish engulfing.
Overbought indicator.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.