mk-fx

S&P500 - 2450 Looks Good For Short (If Your Brokers Lets You:) )

Short
mk-fx Updated   
OANDA:SPX500USD   S&P 500 Index
Stock market is still in downtred, maybe we got pullback soon, but I am still looking for shorts.
2450 level looks quite strong, it connects with fibo level and trendline.
Tp is at 2200. If we break to the upside before trendline to the downside, setup will probably be invalid.
Trade active:
As expected 2450 level was too strong. Always look for entry on lower timeframes. This is what I did, and on my broker it made a retest exactly to 2450.
Comment:
Head and shoulders with fibonaci confirmation to take a sell.
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