Trader_97
Short

S&P 500 TRADE IDEA

SP:SPX   S&P 500 Index
166 0 1
The Standard and Poor's index is closing in on resistance.Since the T.L Resistance from 30th Oct 2015 remains intact.It seems like a good idea to try going for a short around the 2080-2084 mark.At 2086 we have the 76.4% retracement level as well and I think we will another reversal from somewhere around there perhaps leading the price down for a retest of the support levels around 2050 - 2036 areas.If the price breaches the support T.L which has held up since December 14th of 2015 we may see the decline extend much further
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