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Sabi
Feb 10, 2016 4:37 PM

S&P500 Short Setup Short

S&P 500 index of US listed sharesFXCM

Description

FX:SPX500
The S&P500 Seems to be heading back down towards it's 2015 low in the wake of Janet Yellens speech to Congress today. We do however have some more Fed commentary today at 18:30GMT from FOMC Member Williams which could push this either way.

A break of the recent resistance/support line would confirm a bearish setup.

Trade closed: target reached

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