r00ky

[D] - S&P 500 short - possible rejection from all time high

Short
FX:SPX500   S&P 500 Index
The S&P 500 is close to its all time high and there is a high possibility of it being tested in the next couple of days. However, I expect the index to reject from it to come back to the resistence at 2025. My expectancy is mainly based of a bullish sentiment (a lot of people talking about a summer rallye happening right now) and the strength of the japanese yen, which is unfavorable for the markets.

Comments

lets bring this baby to 1600!:)
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r00ky tonz_of_gunz
it is looking good! :D

I gave Doberman a viewer trade: S&P 500 short at market, SL @ 2123 and TP at 1850. He refused :(
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Will i lose my head about this one ? :P
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