How I short SPX Short

S&P 500SP

Description

⋅ Oct 12, 2014 8:12 PM

Looking to short SPX after this double top.
Once the neckline breaks you have several opportunities to place short trades ...

Target is the longterm channel bottom at around 1737.
Taking first profits at 1845.

Comments

StockProgrammer

⋅ Oct 13, 2014 11:51 PM

The earning calls of Citigroup and JPMorgan are going to be key determination factors of this stock market

Will_Wong

⋅ Oct 13, 2014 11:29 PM

Looks like the market agrees with you. Massive selling after the 1905 support level broke today at around 2:00PM.

Leo.Ash

⋅ Oct 13, 2014 2:52 PM

No yet... SPX will go to new all time highs again ;)

Leo.Ash

⋅ Oct 13, 2014 2:53 PM

I get LONG today

MagnusTradingGroup

⋅ Oct 13, 2014 2:55 PM

how am i supposed to comment that random statement ? :D

Leo.Ash

⋅ Oct 13, 2014 3:20 PM

OK fair comment from you... is just a opinion ;)

MagnusTradingGroup

⋅ Oct 13, 2014 4:13 PM

it would help if you can explain u can explain WHY you think it's going up.