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MartyMcFly
May 28, 2015 5:51 AM

S&P 500 Three Drivers Short Strategy for 3% Correction by June 9 Short

FX:SPX50060
S&P 500 index of US listed sharesFXCM

Description

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S&P 500 Three Drivers Short Strategy for 3% Correction by June 9
Assuming a retest of the 2061.9 low from May 7.
Optimal short entry targets around 2121, 2106, and 2092.
Take profit on each drive down, reopen short on minor retrace up.
S&P/TSX Compositenysenasdaqnymex500SPSPX (S&P 500 Index)SPDR S&P 500 ETF (SPY) S&P 500 (SPX500)standardANDpoorpoors
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