JD_TeenTrader

Why we are shorting the S&P Right now at 3260

Short
SP:SPX   S&P 500 Index
We have been bearish on the market for a while and have seen a massive reversal on S&P to the downside. Despite what people may say, we will continue to sell the market instead of buying.

We can now sell S&P for the following reasons.

1) Strong resistance at 4270 - 4280
2) Nice M15 Pattern.
3) We have the H4 MA and Daily MA pointing lower.

Target is 4180

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