TheSecretsOfTrading

SPX Futures - A quick mid term look!

Short
OANDA:SPX500USD   S&P 500 Index
So here is the idea - I DON'T THINK THE FALL WILL HAPPEN 1:1 as in 2008 - there will be more trickery around - that's why we need to monitor those two marked areas - breaking the lower one will very likely hit target #1 - that would be THE crash - Target #2 is marked just because it makes sense within the past lows (extended trendline).

My bias is still strongly short-biased.

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