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boozeheister

SPX500 Not yet ready for a BIG SHORT

Long
S&P 500 Index (OANDA:SPX500USD)  
boozeheister  
OANDA:SPX500USD   S&P 500 Index
Trend Analysis Chart Patterns Technical Indicators
6
2
trendanalysis chartpattern indicator
Uptrend line starting on Apr 07th HL. (4 connection points)

SL @ 50day EMA
TP @ .236 fibonacci retracement
Risk Reward ratio: 1:175

Note: This analysis is subject to change and could lack additional confirmation, so it is provided for the purpose of discussion.
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