S&P500 Key Levels & Gravestone Doji
Today’s price action and candle look sound as closest like a bell ringing to sell the S&P as you are going to get. Yes, we jumped the gate a bit early in our recent short and are very cognizant the market psychology has changed but this is a set-up we cannot pass on.
Today’s price action rejected the S&P very close to the 50-day and generated a gravestone Doji candlestick, which have signaled a short-term top.
The overnight futures are a bit underwater but we will be looking to get short on any pop. We have a limit order to sell 5 contracts at 2618 with a stop 2645. Note 2643 is the .50 retracement of the current bear market. If we get stopped out and lose money on this trade, we will have to reassess our market view.
May have to sell lower, however. Wish us luck.
Source: https://macromon.wordpress.com/2019/01/16/sp500-key-levels-gravestone-doji/
Anyone can join.
Anyone can contribute.
Anyone can become informed about their world.
"United We Stand" Click Here To Create Your Personal Citizen Journalist Account Today, Be Sure To Invite Your Friends.
Please Help Support BeforeitsNews by trying our Natural Health Products below!
Order by Phone at 888-809-8385 or online at https://mitocopper.com M - F 9am to 5pm EST
Order by Phone at 866-388-7003 or online at https://www.herbanomic.com M - F 9am to 5pm EST
Order by Phone at 866-388-7003 or online at https://www.herbanomics.com M - F 9am to 5pm EST
Humic & Fulvic Trace Minerals Complex - Nature's most important supplement! Vivid Dreams again!
HNEX HydroNano EXtracellular Water - Improve immune system health and reduce inflammation.
Ultimate Clinical Potency Curcumin - Natural pain relief, reduce inflammation and so much more.
MitoCopper - Bioavailable Copper destroys pathogens and gives you more energy. (See Blood Video)
Oxy Powder - Natural Colon Cleanser! Cleans out toxic buildup with oxygen!
Nascent Iodine - Promotes detoxification, mental focus and thyroid health.
Smart Meter Cover - Reduces Smart Meter radiation by 96%! (See Video).