VasilyPonomarev
Short

S&P500: Within Selling Zone

FX:SPX500   S&P 500 Index

spy is trading within a strong zone of supply.

I will short the market only after a bearish breakout of a minor rising channel .
It will be a "compulsory" confirmation on so strong bullish market.

target levels have been adjusted:
T1 - 3050
T2 - 3000

stop will be strictly above the highest point of the channel.
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Similiar idea from my side, I'm waiting for some confirmation candle that bulls are loosing momentum. Currently I'm afraid that this resistance might not hold. Anyway this is the trading, If it will be broken It will become perfect support for next trades:)
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