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S&P 500
S&P 500 making LH's on 1H chart. So following 2 scenario may be possible
1. Short from current level @ 4240, which is 38% fib level and bearish trend line resistance also.
2. Short from daily level and 50% fib level @ 4280.
Sl will be around 4325 and tp @ 4175
1. Short from current level @ 4240, which is 38% fib level and bearish trend line resistance also.
2. Short from daily level and 50% fib level @ 4280.
Sl will be around 4325 and tp @ 4175
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