aravindran1

Bulls running out of steem

Short
SP:SPX   S&P 500 Index
Although an evening star reversal would be ideal for the bears i don't think the markets are gonna make it easy for the bears. We still need confirmation on heavy volume and breach of recent support before initiating any short position. It look like the bulls are running out of steam, and no new buyers wan to step in at these height. Afraid-of heights-syndrome.

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