This one is called, "Too good to be true" rule.
If price moves towards the trend line after a multiple test, be careful if you fade it.
I knew this was coming this morning when SPX made a consequtive test of that xTrend at 780 .... made me got out of SPX shorts quick.
However whatever upside we get will likely be a fake out on weekly charts so don't fall in love with it.
I am waiting to short ES / SP at the right time and price. I stay short financials and real estate.
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