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jobykthomas

SPX at Big Resistance, Possible Short

Short
S&P 500 Index (OANDA:SPX500USD)  
jobykthomas  
OANDA:SPX500USD   S&P 500 Index
Trend Analysis Chart Patterns Technical Indicators
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trendanalysis chartpattern indicator
Looking at the chart, if SPX closes near current price or lower making a nice bearish candle pattern (doji or bearish) - this will give us 3 confirmations for good odds to take a short position.

1. Downward Trendline Resistance
2. Support/Resistance Line
3. Doji/Bearish Candle
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