Short S&P 500

SPCFD:SPX   S&P 500 Index
The S&P 500 is looking good for a big down trend. It's test the resistance line twice which has shown previous resistance since November. With the market on a downtrend It's also meant this correlating resistance line and been rejected twice. The MACD also shows deceleration and a potential movement change.

Stop Loss: £2689
Profit Target: £2505


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