SP500 index

S&P 500 Direction

Time for a little short this week for sp500

Buyers can’t go above 1422.00 , and sellers start to take control of market.

I’m keeping my short target as it is…once it get to my first target (~1408), then, is only question about managing my stop, to get maximum cash on this trade.

this day is not over yet…but however, buyers are weak…can’t even go back to my double top ,and if it’s going long for  1-2 day, I prefer wait for short signal.

Thank You