Short

US500 good time to SELL

1124
Over the past two trading days, the price has perfectly executed the move towards the target we discussed on Wednesday.

US500 starts GROWTH again


Just a reminder.

Since July, we have observed how the price has been steadily growing, without any significant pullbacks and corrections - just a steady strong growth, but already at the beginning of September, the price reached a local maximum and reversed, began to fall.

In the past two months, she has repeated the reversal twice. First, it pushed off the intersection of the line and the support level and began to grow, then touched the resistance line and again fell to the support level .
Now the price has risen from the support level to the resistance line. Another level passes nearby. All together this gives a good resistance, which suggests that the price should go down.

Thus, we have a good signal to open a sell trade!
I will not tire of reminding you about SL - this time focus on the lint and the level of resistance.

Traders, if you liked this idea or have your opinion on it, write in the comments. I will be glad👩‍💻

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