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BitcoinMacro

S&P Short - High Risk - Great Reward

S&P 500 Index (FX:SPX500)  
BitcoinMacro  
FX:SPX500   S&P 500 Index
SPX (S&P 500 Index) S&P 500 (SPX500) spx500short SPDR S&P 500 ETF (SPY) standardandpoor500 Stocks Indices
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spx spx500 spx500short spy standardandpoor500 stocks indices
This might be a great time to short the SPX. Despite being on a crazy bull trend, this point looks great for some shorts.

Low volume - Volume divergence.
RSI overbought - RSI divergence.
R3 Fib pivot broken by a lot (overbought signal).
2300 Psychological resistance
Resistance that goes back to April 2016.
Reward to Risk Ratio : 2.8 to 1.
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