TradingView
Fxprotrader
Aug 25, 2016 6:53 AM

SPX500: Sell Off Is About To Begin Short

S&P 500 index of US listed sharesFXCM

Description

RSI divergence was showing this upmove is about to end. Price broke below the uptrend and we should wait now for a correction before going short with this market. The potential is great but we should always trade the markets based on a tested strategy. So if a setup based on our strategy completes we go short.

Like and follow for updates.. Use always stops in your trading..!
Comments
amirtiny
nice... is there any reason that you said "go short" ? if it is, what is that? can i conclude that usually after breakouts and their corrections we should always go short? because we dont know how far the price will move. thanks in advance...
szey
the target is 2150? thanks
Fxprotrader
That's a good level to aim
More