SPX Expanding flat (I think thats what its called lol)

Sorry for my lack of terminology. Touching 1.618 extension and upper bound of trend line. Watch for strong rejction and flag for sell setup
Indicators are showing divergence which supports this explanation of structure.
Enjoy:D

Transaction en cours:

5 min chart now showing same structure with same divergence

Trade fermée: ordre d’arrêt atteint:

small L good news is its the s&p so doesnt move that fast