Kumowizard

Short term bullish tgt reached earlier today. Out of long pos.

FX:SPX500   S&P 500 Index
457 0 8
I am back to neutral. SPX             reached my original bullish wave tgt             . I Sold my Dec futures at 1974 (= appr. 1984 cash SPX             px             ) in early European session.

Heikin Ashi suggests some pull back is possible, of course it is never 100 % sure. Anyway, if a correction happens to supports, we'll check price action again. Until then, just set Price Alerts to 1950.

p.s.: Iportant! Do not short, its risk/reward is not very good right now. It may work, but no real bearish setup. Even if someone does it, should do only in max 0,3-0,5 trade risk unit.
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