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DemKos

SP500 Channel play

Short
S&P 500 Index (SP:SPX)  
DemKos Updated   
SP:SPX   S&P 500 Index
Trend Analysis Chart Patterns Technical Indicators S&P 500 (SPX500) SPX (S&P 500 Index) spx500short sp500index sp500short
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trendanalysis chartpattern indicator spx500 spx spx500short sp500index sp500short
On the chart two possible scenarios for the SP500. Best bet is to short at this top side because it has the best R:R ratio and there was no close above the res. yet. Untill we see a close above it is just ping-pong inbetween these levels, but the EMA's are tightening which means a price will get squeezed.
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