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RCP_
Nov 28, 2014 10:56 PM

SPX500 - back to reality Short

S&P 500 index of US listed sharesFXCM

Description

The Christmas(-rally) came early this year, and it is likely that we will see some weakness and consolidation towards the new years eve.

RSI has hit 80+ and we touched a 1.27% fib resistance. The former top at around 2.015 $ will as our first target be the next support zone. From there we will have to see what the market tell us.


@LucrumTrading
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