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ZeroSlippage
May 14, 2016 8:04 PM

S&P short without HH  Short

S&P 500 index of US listed sharesFXCM

Description

China and AAPL and other concerns about economy, Yen as a indicator and early alert, drop would be deeper minimum target on the chart.
Comments
musician
The old "we will crash to 1600"- saga!
-China growth and NPL concerns since early 2014. Bears use this argument whenever it fits the charts. Btw Shanghai is at 2yr lows but SP500 doesnt bother
-Apple reaching maximum market cap at one point = normal. Hence competitors like Samsung and others have more space to grow. Good.
The Yen strength from 126 to 105 can be interpreted as a last breath as well :)
It is not a compelling case.
ZeroSlippage
Well as a Trader I have couple of reasons to short s&p with minimum risk, I've shared reasons up there, and I can risk 1% for this trade and aiming for 10+%. if fail will loss 1%, cheers.
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