Prophet.net
SPX has now retraced through it’s breakaway area from January. This is a common stopping point for countertrend rallies — basically the area of fastest decline when the crowd had its moment of recognition.
Of course, hourly RSI is still strong, with higher troughs during successive bottoms.
just went short at 1132.25 on ES…
fingers crossed
alright, stop loss hit… will try again soon…