lucky human foot

S&P500 Crossing long upward trendline. No resistance before 1600

S&P500             crossing over long upward trend line . No resistance before 1600

limit 1650

stop 2050
Where are you buying for the short?
any broker which offers CFDs would do. Just be sure to check the fees.. meaning that they dont have crazy fees for overnight holdings or too big a spread or too high interest rates for margin trades

I agree with your price target...but wouldn't you expect the bottom line of this 5 yr channel to provide support prior to 1600?
You are right.. I agree that this line will definitely provide support.
SMP99 lucky human foot
in fact, might kick off a fairly large rally. enough that if one is short, would likely want to cover on hitting that and re-short later. Either way...seems highly likley we will go back retest those old bull market highs at some point.
yes, the only question is when :)

But short-term the trend is definitely showing great weakness right now
lucky human foot lucky human foot
I hope I wasnt to quick on this one. It touched a second support line today which held, so maybe it will hold for now but definitely under observation
lucky human foot lucky human foot
SMP99 lucky human foot
also, on a log of the S&P, pretty strong support below that goes from 09 lows up on to 191 i believe. need to check
SMP99 lucky human foot
depending on placement...i got either 1930 or 1820. Either way, this trend I think would trump the others as it cover the entire bull market rally from the beginning.
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