Kumowizard
Short

SP500 - The annoying Bulls and the magic levels

FX:SPX500   S&P 500 index of US listed shares
265 1 1
My previous short recommendation almost bleeded out. But still valid! Daily: Tenkan and Kijun close to each other, it is possible to see a weak sell signal soon. Stochastic crossed up, but now loosing its power maybe. Last two days printed a lower high only, no new absolute uber mega record top printed after FED. And some said that Ms             . Yellen will be twice as dovish as Mr. Bernanke was... well, maybe she will be rather a credible and strong governor (I don't say hawkish, but rather prudent). The levels are clear: 1840-1845 first, but most importantly 1800-1810!!! If that breaks, Bulls will have serious headache, and tgt             will be 1650-1700! Keep your eyes open, and still accumulate bearish put option structures, while still keep the outright shorts open. Stop on outrights are still recommended to keep around 1875.
Outright short position stopped out on SP500. Bearish recommendation is not valid now.
Reply
Ideas Scripts Chart
United States
United Kingdom
India
España
Italia
Brasil
Россия
Türkiye
日本
한국
Home Stock Screener Economic Calendar How It Works Chart Features House Rules Moderators For the WEB Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Private Messages Chat Ideas Published Followers Following Priority Support Public Profile Profile Settings Billing Sign Out