AndyM
Short

S&P reversal initial devt - going down to 1800.

FX:SPX500   S&P 500 index of US listed shares
Here's a quick labelling of S&P             first wave of decline, we see the first minor impulse and a correction. All this is the most minor degree - there will be more, and we will see larger and longer movements as we see the decline unfold.
Shorting right now is a good option, I placed my shorts using Sept'15 and Mar'16 futures , stops above the latest top.

Since the end of the ascending movement was in the form of an ending diagonal , I would expect the correction to its origin unfold pretty quickly - within 2-3 months, which will bring the price to 1800 or lower.
United States
United Kingdom
India
Deutschland
España
France
Italia
Polska
Brasil
Россия
Türkiye
Indonesia
Malaysia
日本
한국
简体
繁體
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing Priority Support Ideas Published Followers Following Private Messages Chat Sign Out