WinnerTrader99

SPX SHORT from Monday late or Tuesday . Target YELLOW AREA 2333

Short
SP:SPX   S&P 500 Index
I was maintained that we are in long up trend with targeting 2600 then 2860 as last goal for bounce up trend. as we can see most of indicators such as RSI, STOCHASTIC AND MFI became overbought and by Monday late or Tuesday morning will reach the strong resistance which made the assumption that we shall short positions from current top and take chance to short the peak top . Properly we will continue downtrend to reach support of Dec bottom which is YELLOW COLOR area ... far away down . so be careful . Only the condition that will keep the uptrend go to the last goal is to close above BLUE LINE for 3 days then we will have uptrend up to mid of MARCH then massive drop . i suggest the 1st scenario that we will have top then new bottom then MARCH rally or decline.. watch out previous analysis which successes 100%

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