Hi Traders,
Sp500 has had a fantasitic move higher in the second quarter, and
a little pullback is expected in SP500.
Moreover it creates double Top and prices are going to break
MA and Trend for bearish move.
Recommendation:
Short from current price $3118.
Targets are: $3095 and $3050.
Stop should be $3155
Every system has a limitation.
Sp500 has had a fantasitic move higher in the second quarter, and
a little pullback is expected in SP500.
Moreover it creates double Top and prices are going to break
MA and Trend for bearish move.
Recommendation:
Short from current price $3118.
Targets are: $3095 and $3050.
Stop should be $3155
Every system has a limitation.