TradingView
tech_yogi
Mar 21, 2016 10:54 PM

SPX500 is in critical zone... Short

S&P 500 index of US listed sharesFXCM

Description

Fib retracement, overhead trendline reseistance all in the 2060-80 area. I think a speculative short position could be taken here given that we have entered the buyback blackout period. Last time it was this time that removed a large chunk of buy flows from the market and it tanked without that support.
More