SPX500; Analysis The Long Term Outlook Pre News

Hey Traders,

After such an extreme rally, is there room for shorts?

We all know there is momentum in buying behind the SPX, but what is the short case?

Well. The thing is, nothing goes up forever without some fall, especially when you are looking at major indexes.

I cover it here.

Comment:

Looking short at previous highs.

Comment:

Lock in some gains.

Comment:

Re Short Bias.

Comment:

Maintaining shorts at returned areas.

Comment:

And further maintained on pending swing.

Comment:

Re shorts.

Comment:

Maintaining bias again, but note, lack of resistance above prev highs. Just be conservative with entries.

Comment:

That means spreading entries, lowering size ^

Comment:

Slight PA creeping into markets. Follow RM rules and await catalyst. No overleveraging.