SP500 - "Bear in mind", some important new signals confirm SELL

FX:SPX500   S&P 500 index of US listed shares
138 5 0
Bulls try to do their best to protect 1840 key support! The low reading of Stochastic might help them, there is some chance we can see a correction from here towards 1860. If that happens I would defenately use is for exitting all remaining longs and build short positions further. New signals that are confirming the bearish reversal on 4 Hrs: Chikou Span dropped below the Kumo, Kijun dropped below the Kumo, Future Kumo is clearly bearsih and Senkou A started to point down. Strategy is same as before: Sell either the retest pulbback ard 1855-1860, or if not reached then sell the next cross down of Slow Stoch . or the break of 1840. On pop ups option strategy is to buy 1840 / 1790 Put spreads for May exp             . date. Initial Stop is 1876 for now.
So far the retest was done as expected. Let's see the bulls behaviour here. Anyway, what the hell has changed after this Ukraine referendum? Is anything better?
Px action is getting bullish again. Please keep in mind a break above 1875 invalidates the short trade idea!
What if 1876 is not breached? Suppose we stay short. And which is the target?
Kumowizard PRO dimitris.karamaunas
If short is not stopped out, then initial tgt can be 1790. Normally I do not like to put on tgts, but to move trailing stops lower, after we reach some important levels during a trend. Thrn is a collapse happen, u will hv the position on still, as u do not place a pre determined limit order
ty, for the reply.
Ideas Scripts Chart
United States
United Kingdom
Home Stock Screener Forex Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators For the WEB Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Private Messages Chat Ideas Published Followers Following Priority Support Public Profile Profile Settings Account and Billing Sign Out