Hi Traders,

We were in a descending triangle on SP500 but we broke today and went higher until he touched the 61.8% fib and reversed during FOMC. We close in less than 1 hour and he is well back inside of the triangle. I am already short and in good profit already.
All I need now to give me more conviction is the trend line on RSI to break.

Thanks!

Thiago Duarte
ThiagoTrader
thiago@duarteinvestmentgroup.com
breakoutfalseRelative Strength Index (RSI)shortSPX (S&P 500 Index)S&P 500 (SPX500)tradeTriangle

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