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justatrader
Sep 13, 2015 7:11 AM

S&P500 - Bear Flag. 2000 - 1800 levels to watch!! 做空

S&P 500SP

描述

Major trend line broken with price action consolidating into a bear flag. Support at 1807 level, which has been tested quite a few times. Below 1807, next main support at 1741, with a minor support at 1800 round number.
评论
Killy_Mel
nice) watch out tho if trades above 197.5 - it can cancel the downward risk..
justatrader
Yep, a break above the resistance near 1977 - 1980 could easily see a move higher. There is also a kind of 'ascending triangle' pattern (depending on how you see it). So the bottomline is the support/resistance level itself. Could be a move to the upside or a test back lower. Should be interesting!!
Killy_Mel
agreed)
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