FX:SPX500   S&P 500 Index
This is a game changer people, look at the pink PRZ the price action moved very strongly in that area, denoting a further move downward. This is a no brainer, Where would it stop, look left. Now technically we should have taken some profits from this since my last post, and now we got a opportunity to short this, but know your limits and TP. Technically i would still be scalping long in this trade until it reach the D leg of the extended crab, or unto the blue line above. Though now as posted last time, fundamentally what i understood from Don Hogan, i think this is weakening and another info from nayr avellsomething, most of the big players such as the likes of warren buffet is already short on this, i think they had entered too early for the short on this one, but they can take the beating as for me i would short this for a long term post only until it reach the 2100. level as for now ill be scalping this until that level
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