S&P 500 has made a perfect Bearish ABCD pattern with harmonic ratios 0.618:1.618 on 1 hr which makes it a very significant pattern and it has already shown bearish reversal from the potential reversal zone (PRZ) and it has also made a bearish divergence that makes it very good trade for short.
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.