SPX possible low risk shorting opportunity (Elliott Wave Analysis) [Video]

Neerav Yadav 50 Eyes Market Analysis

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.

Author

Neerav Yadav

50 Eyes Market Analysis

Neerav Yadav is a Futures trader who is in the markets since 2014 and trades primarily in Energy Futures, Gold, Indices, Stocks and other instruments.

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