ChartArt
Short

S&P 500 downtrend accelerates in May

FX:SPX500   S&P 500 Index
467 1 8
First strong bearish day since March 2016 means sell (as measured with SMA 50 smoothed consecutive candles, which were bullish until today, May 17, 2016 for several weeks). And on Monday, May 16, 2016 the close prices were very telling: the "S&P 500" closed at 2066.66 and the "DOW Industrial" at 17.710.71 - as if some mega whale had fun putting in nice numbers to take profit.

Original short entry: 2100 (see my chart: "Outrageously fatally complacency")
Additional short entry: 2050
Stop loss: 2070

1. Target: 2000
2. Target: 1960
3. Target: 1925
will add to my position!
Reply
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out