S & P 500 : Rising WADGE (Very Bearish)S & P 500 is forming a Rising Wadge Pattern at top. Closing Below 6000 will be a clear breakdown from this pattern.
5440 will be seen as Pattern target.
Put Stoploss on closing basis.
(In Trading Time it may go above/below stoploss But closing price is most important).
These are levels are generated on the basis on Fibonacci Series
NOTE : I am not SEBI registered advisor in capital market.
Disclaimer:- Please always do your own analysis or consult with your financial advisor before taking any kind of trades. Please understand Risk in trading before taking any trade with your financial consult. I am only sharing my knowledge it may be right or sometimes wrong so I am not liable for any loss.
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