mpulley
Short

Early Christmas Gift

SPCFD:SPX   S&P 500 Index
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2
125 0
Gap is nearly filled. Looking for the momentum to take us to 2715 (+/- 5). I think then the bears will take over. 2700 and 2715 have been supportive and resistance levels. If bears do take over, I think we'll break the longtime support (blue line) and finally stay below it.

This my guess, not trading advice.
Dec 07
Comment: Got the entry point wrong, so I didn't get the best deal on the short :( But I'm currently shorting. We're below my blue line of support. I'll be watching it throughout the day. I'm looking for further movement lower and for it to stick. Otherwise, I'll probably exit.

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