2550 is a big resistance for the SPX500, we've got room down till around 2550.
I believe in a big short opportunity here, because of the downtrend we are in.
Tell me what you think!
We are at a clear resistance here, place SL just above the resistance, and let the profit run till the next yellow line. Good risk/reward ratio for a short here.
After the earnings, oracle made a big gap downwards. When looking to the charts it tells me that Oracle is at a low, and it should have some upward potential from here.