Flea_FX
Short

SPX Short - Range Play

FX:SPX500   S&P 500 index of US listed shares
67 0 0
2 clear levels on SPX500             around 2,160 & 2,110, price has reacted strongly to these areas consistently & regularly. 4H chart shown for clarity of levels.

Clear deceleration around 2,160 on 1H chart triggered short entry. Price has also retraced to 50EMA on Daily chart .

Conservative target near bottom of range, increased volume expected through the evening (Aus time).
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