fxkronk
Short

SPX500: Potential Short Trade Opportunity

FX:SPX500   S&P 500 index of US listed shares
60 2 3
Maybe we are a little bit late with this one but in case price retests the resistance trendline which now acts as support we will give it a shot for a nice 2:1 risk/reward ratio.

If price reaches the first target, lock your profits and target for 2090.80 level.

Key Resistance Zone:
snapshot
What are you long term views on SPX
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fxkronk tradingjournal.b
Honestly it's hard to say.. But if you really want a answer to your question that would be that SPX uptrend is coming to an end.. In technical analysis that means that price must break some key support zones and only then try to find these sell oportunities. I hope that helps..! Have a nice day!
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