Aurocks_AIF

S&P 500: Rising into Bearish Territory

Short
Aurocks_AIF Updated   
OANDA:SPX500USD   S&P 500 Index
S&P 500 testing previous support area with a rising wedge, after breaking it the week before Christmas. The Index is also approaching closely the 61,8% level of the leg from previous resistance down to previous low. Moreover, the TD Sell Setup completes today right under the open price of the candle that started previous TD Buy Setup. RSI testing the previous TL from beneath, still staying in corrective territory little over the 50 mark.

Trade active:
Entry: 2641,3
Trade closed: stop reached
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