themarketzone

Entering the 2080 sell zone with bearish pattern completion

Short
FX:SPX500   S&P 500 Index
For those who still seek bearish opportunity.. while the sentiment remains bullish... 2080 was proven as resistance time and time again.
Now $SPX is testing it with completion of bearish pattern. $SPX bounced from broken downtrend line and the 2050 support zone and now re-testing 2080.
Stop loss for short term traders - above 2090.
Stop loss for swing traders - above 2100

First target - 2060

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