Shorting position medium to long term
Updated
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
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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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