S&P 500 is close to historical High Short

US SP 500 CFDFOREX.com

Description

⋅ Apr 23, 2019 6:38 PM

Price is close to a historical high.

I think the price can make a powerful drop down if there will be fake broke of 2940

Potential profit will be in 10 times bigger than a risk

Push like if you want to get a safe entry point

Comment

⋅ Apr 30, 2019 8:40 AM

time to open Sell has came

Comment

⋅ May 7, 2019 5:47 PM

Price is droping down

Comments

koretskyyfit

⋅ Apr 24, 2019 1:42 AM

Ecua_Trader

⋅ Apr 25, 2019 3:19 AM

The great top TAs have been shorting the market in the so called pulled backs lol. This is will be interesting to watch.

Master4

⋅ Apr 23, 2019 10:00 PM

It does not make sense to say 2940 is the best place to open sell because it's close to historical high. I too believe we are due for a correction, but when and how much? Simply saying we will see a powerful drop is like gambling on the direction.

Yuriy_Bishko

⋅ Apr 23, 2019 10:13 PM

@Master4,

1sr i wrote that the best place to open sell will be after fake broke near 2940
not now

boleroking

⋅ Apr 23, 2019 6:42 PM

I'm not shorting this as long as the FED is showing its spineless. New ath is a certainty until 2020 at least

Yuriy_Bishko

⋅ Apr 23, 2019 6:46 PM

@boleroking, it is better to see how the price will react on historical high because I didn't write that you should open sell right now

boleroking

⋅ Apr 24, 2019 6:26 AM

@Yuriy_Bishko, True, but I believe the stock market is so manipulated by the FED's monetary policy right now that even at that historical high it's dangerous. You're analysis is 100% correct, but the chances we may still go higher are big due to the fed.