Slavash

S&P don't have enough power to move UP

Short
Slavash Updated   
SP:SPX   S&P 500 Index
On weekly chart we see a divergance with MACD indicator. S&P going down to cross the trend line.
-The first target is around 2800.
-Also you can wait for end of short time correction and open short position.
-A stoploss we can put in the 2950-2960 zone (in case of weekly candle close above this zone with massive volume ONLY).
I will update the idea.

Good Luck!
Trade active:
Index moves in the proper direction. There are NO sighs of the reversal point.
Each move UP is correction only.

Still SHORT
Trade active:
Congratulation!

First Target(2800) is reached.
Waiting for the trend line crossing...
Trade closed: target reached:
Excellent trade, quick profit!

The trend line was crossed down as expected.
Now wait for a correction - I will publish a new trade idea soon.
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