PowerTrades

SPX Looking for continuation

Short
OANDA:SPX500USD   S&P 500 Index
We are looking at a likely break outside the multi day range.
Given that its late hours and at the fag end, will be wary of continuation though, hence loading lower sizes
Short at 3108 Stops above 3130
target range 3075-80 areas and hold below we are talking about a new range.
Comment:
Test of 3075 Done, nice move. Now what we have to watch out for is whether we see continuation and hold below that range . else it can pullback inside all over again.
Continuation and hold below 3030-35 on the cards

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