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PKA
May 3, 2016 2:54 PM

Long S&P for bounce  Long

S&P 500 index of US listed sharesFXCM

Description

Beartrap. Holding 4 hr 200 ema as well.
Comments
dutch7804
Bounce on all the fantastic earnings? Or because current S&P p/e ratio have equities at bargain right now?
Incogniteaux
You don't see that massive head and shoulders reversal signal right there?
PKA
H&S is the most over used TA pattern ever. Until it breaks the channels it is not bearish unless for scalping. I already sold my calls that I bought earlier, but still in UPRO.
PKA
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