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S&P500 Daily.

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FX:SPX500   S&P 500 Index
160 0 0
S&P500             Index Daily

Short term. Tactical short - hedge long positions, (possibly till first week of July).
Sectors Overbought.

Mid term. Long ( 2000 ), given-staying above 17/5/2013 Channel.

Breaking the uptrend_line, and 10 sma .
RSI overbought, potential channel top, bearish divergence.

Targets :
a 1930
b 1920-28
Worst case : 1905-1909 ( Triangle base breakout, 50 sma , 50% retracement .
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