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Tradeplicity
Dec 2, 2015 11:50 PM

SPX500...Can Bears take control? Short

S&P 500 index of US listed sharesFXCM

Description

Possible targets for Bears, breaking 1950 could bring some PAIN....for bulls.

Comment

We are almost there, although choppy but this was not a day trade and a swing trade so the choppy action does not concern us.

Comment

1960 range is where the ascending trend line sits at. We will observe price action around the area and decide to take some profits or if we have a strong break of trend line, we just sit tight.
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