Why we are shorting the S&P Right now at 3260
We have been bearish on the market for a while and have seen a massive reversal on S&P to the downside. Despite what people may say, we will continue to sell the market instead of buying.
We can now sell S&P for the following reasons.
1) Strong resistance at 4270 - 4280
2) Nice M15 Pattern.
3) We have the H4 MA and Daily MA pointing lower.
Target is 4180
We can now sell S&P for the following reasons.
1) Strong resistance at 4270 - 4280
2) Nice M15 Pattern.
3) We have the H4 MA and Daily MA pointing lower.
Target is 4180
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