$SPX BE READY WITH SHORT POSITIONS BEFORE FED DECISION BEARISH

In general looks like earlier Fed meeting on last May .. keep pushing markets to reach overbought status prior fed meeting then start selling on fed day (next Wed) This scenario looks similar we can see Stochastic already right there but RSI still could be rais up for 1 or 2 days then will touch down trend line also recent run up leaved many gaps below and when markets pullback from ATH then selling will be much harder and sometimes with high volume .. in long term i targeted 2820 as 1st target and 2600 as long term target but early for now to discuss it .. now good strategy to wait the right moment to get short positions and puts options for coming 3-4 weeks .. we have target on up term which is purple resistance line which will be located at 3070-3120 and it will be perfect if short from there .. :) thanks for ur reading

Trade closed: target reached: