Currency Pair:S&P500
Indicators: technical patterns and Sma50(red)+ Sma200 (blue)
Current price: 1903
Trend: downtrend
Possible trading range:1860-2020
Technicals:It's for the first time when i see three very bearish technical patterns complete: 1. H&S pattern whose breakout to downside at around 2030 triggered a very massive sell off in this index sending the price as low as 1850. 2. The so called death cross appeared after this index had lost more than 1500 points.3. Another massive head and s…
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