SPX500 Look for this short sell

Hello everyone:

I am seeing a potential sell opportunity on SPY.

The current price action had a double tops, price correctively formed a rising wedge structure towards that area.

We see a sharp drop on the lower time frame, and a potential Head and Shoulder pattern in the making.

I will look for continuation structure to develop here before an entry will be enter.

Look for price to break out of the structure to the recent lows.

Thank you

تعليق:

Price bounce back up, potentially creating a recent double tops, and small correction forming here. Still looking for the sell entry.

تعليق: