FX:SPX500   S&P 500 index of US listed shares
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Looking back the trend, we could try a long position in this asset taking into account that the SP500             index is in the lower part of the trend channel, but analyzing the technical indicators in the daily chart , these are giving us an alert about that this asset would be overpriced. So, we are going to wait for a confirmation in the price. If the price break down the trend line we are going to go short when the price rebound and gets close again the trend line . But, if the price rebound in the trend line to go up, continuing the trend, we go long if the next candle is a bullish one.
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