DLavrov

S&P500 Trading Idea

Short
FX:SPX500   S&P 500 Index
The resistance level is a good place for opening short trades. If we have a bearish candle near this level, it will be a signal of possible price reversal. We will have to get confirmation from RSI and MACD and only after that place pending orders below the low of the candle. Stop orders should be placed above 2186. Profit target will be the support level 2120.

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