S&P 500 IndexShort
S&P creeping towards a top?
The S&P looks like it could be nearing a top. The arrows on the chart present a trade for the short-side now, but I think there is a great case for one more leg up. Maybe we get the sell-off as the FED makes its move next week.
We had a great trade to the top here but I think we could see a bit of a pullback soon. Im tempted to short now for 2367 and wait to see if there is buy-side pressure at that point, as 2470 still looks possible before a serious correction.
We had a great trade to the top here but I think we could see a bit of a pullback soon. Im tempted to short now for 2367 and wait to see if there is buy-side pressure at that point, as 2470 still looks possible before a serious correction.
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