I´m mostly crypto trader but looking into stocks from time to time too (Sharing public mostly SPX index) This time I would like to warn you about extended bearish divergence and possible hammer down (bearish trend coming) on 1h chart supported by finishing of Wave5 of EW
Buy was initiated by big bullish divergence on Daily chart: (Picture)
This TA is part of bigger picture: (Open this TA to see more)
Here is the previous "TOP" call to short: (Open this TA to see more)
** This is not a financial advice, trade on your own risk **
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