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SPU2016 Commodities Futures Chart

 

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roy_cuzin roy_cuzin SPU2016, W, Short ,
SPU2016: My Top Futures Trading Signal - Sell S&P500
17 0 0
SPU2016, W Short
My Top Futures Trading Signal - Sell S&P500

The S&P500 is under heavy negative sentiment on the background of the Brexit anouncement coming from the UK last Friday. My estimation is that we are just at the begining of a new downside movement, which should carry on all the way to the major support of the Matric at $1907. StopLoss level can be placed above yesterday's highest high around the levels of $2035.

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