SPX possible low risk shorting opportunity (Elliott Wave Analysis) [Video]
|SPX: 1H: Moving in downward Impulse with the current price action being in Wave iv/4 of the same.
Now this Wave iv/4 may still be continuing as a Triangle formation in which case we will see sideways to bearish movement from here on in SPX.
Trading Strategy: Short with SL little above 2825.50.
Expected Move: Sideways to Bearish.
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