the5erstrading

Confirmation Level S&P 500 28/01/2018

Short
SP:SPX   S&P 500 Index
The S&P 500 index is still in a bullish momentum, I still prefer to wait

For the reversal opportunity, the more the price will rise up, the reversal

Opportunity will be better, the risk-reward ratio will be better, if the price

Will break the confirmation zone, I'll look for P"A setup for sell position, my first

Target will be the demand below, and the final target is the demand at the bottom.
Comment:
The confirmation zone has been broken, i'll sell at 2850.00 if the price will back there

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