Hi Selmax,
I agree but have not gone short (except WOW) due to strength of Wall Street (which is not pure TA I know).
IMO,
SP tested upper trendlines of orange
and green pitchforks,( 1 & 2)
if it breaks through blue upper trendline (2)
SP could move back to Blue ML (4) with some
support at between $24.5 and $25 (3).
Break there will see $22 tested.
See Chart 1
Chart 2 gives clearer picture of pitchforks.
reversal candle pattern, page-14
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