S&P500: Topping fractal calls for instant drop.US 500CAPITALCOM:US500InvestingScopeS&P500 is bullish on its 4H technical outlook (RSI = 64.633, MACD = 25.907, ADX = 25.907) down from overbought in the past 2 weeks. Having already crossed below the 4H MA50 for the first time this month, the market is showing signs of a potential correction. Structurally it is similar as the January HH fractal that eventually dropped to the 1.236 Fibonacci extension (TP = 7,010). ## If you like our free content follow our profile to get more daily ideas. ## ## Comments and likes are greatly appreciated. ##