The market is putting in some reversal notifications within a band of fibonacci resistance areas, which is not bullish. Looking to exit the other half of my long position.
We'll start with the SP-500 w/ ATR. It has approached a trendline that has marked previous tops and is looking to reverse.
The RUT gave and ADX sell signal and the DI's crossed above and below their associated trend lines.
All of this is going on within my golden Weekly S/R chart:
We must consider this as a large reversal point.