US500 morning analysis
Bearish count for US500.
The key level/resistance in this count is 6197; it allows 1>3>5 and a complete impulse off 5 August low.
Pitchfork shows bullish weakness, with price falling out of its structure.
If count plays out, risk/reward improves for a short opportunity.
The key level/resistance in this count is 6197; it allows 1>3>5 and a complete impulse off 5 August low.
Pitchfork shows bullish weakness, with price falling out of its structure.
If count plays out, risk/reward improves for a short opportunity.
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