SPX overthrew the top TL before reversing and also back-tested that TL before heading lower again (highlighted on the chart).
Right now, SPX is testing the lower TL and it is critical to watch the reaction here.
Normally, after an overthrow and back-test one would be tempted to go all out bearish, but this market has proved with the current rally off the lows that it can turn seemingly bearish situations around. So a caution stance would be to wait for the lower TL to get broken before announcing the "all clear" for shorts.
Right now, SPX is testing the lower TL and it is critical to watch the reaction here.
Normally, after an overthrow and back-test one would be tempted to go all out bearish, but this market has proved with the current rally off the lows that it can turn seemingly bearish situations around. So a caution stance would be to wait for the lower TL to get broken before announcing the "all clear" for shorts.
免责声明
这些信息和出版物并不意味着也不构成TradingView提供或认可的金融、投资、交易或其它类型的建议或背书。请在使用条款阅读更多信息。