S&P Mid Feb - March Rally is Over Short

S&P 500 index of US listed sharesFXCM

Description

⋅ Mar 6, 2016 2:47 AM

According to time cycles and other indicators pointing to an overbought condition on the S&P this suggest to me that we have very good chances that it will go downward for the next 2 weeks.

Last Friday was a good time to buy puts..

S&P 500 (SPX500)put