lucky human foot
Short

S&P 500 will not cross 50 day moving average

CME:SP1!   S&P 500 Futures
S&P             has went up considerably the last days.

Now it touched the 50 day moving average which will cause it to fall back.

It could look like it is forming a triple top / H&S formation.

Furthermore it looks like the MACD is topping out a bit.

I shorted three positions in the Tradingview trading virtual account.

Opening: 1984

Limit: 1867

S/L: 2020

Read more at: http://www.investarting.com/taking-another-go-at-sp-500/

http://www.investarting.com
Trade closed: stop reached: It went through the 50 MA unfortunately
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