Shorting position medium to long term
SPX has been pushing upwards taking out all of the resistance in its way until buyers were forced to defend the 2620 area. The 2810 area is a different scenario.failing to hold it and giving lee way to a possible bearish takover. A break below 2767 would sustain bearish pressure possibly towards 2640 and beyond
Trade active
at this stage it is plausible moving the stoploss to break even depending on your risk appetite.Trade active
we hold
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.