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frederickalonso
May 27, 2014 7:39 AM

Too high S&P 500  Short

S&P 500 index of US listed sharesFXCM

Description

With such levels I see more potential to the downside.
Jump in before the US Consumer Confidence this afternoon.

I see potential around 1887 level for a new turn long. Still I won't go long there and wait for a new short position.
This beast can return to the 640 level after all.

Enjoy and keep believing ;)
Comments
frederickalonso
It's unreasonable to get such a high peak now.
AshYo
where do you see the down trend?
hillelzacay
as it's abave 1900 the next target is 1936.9; before today is go to 1916!!!
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