UmarAbdurRehman

SPX500 Sell setting up

Short
FX:SPX500   S&P 500 Index
SPX500 trading in a multi-days bullish channel with tops and lows. Price action is compressing near the resistance area. Chances are it continues compression a little further. Momentum is getting weaker as well so I am looking for a strong break. If you have your trading strategy watch out this market for shorts.

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