S&P 500 IndexShort
Medium term short selling opportunity in SPX
Updated
Consider shorting SPX in the range of 4825-4840 as it's expected to surpass the previous day's high. Hold this position for the upcoming week, anticipating a decline, with today likely marking the market's peak for the near term.
SPX in the range of 4825-4840 as it's expected to surpass the previous day's high. Hold this position for the upcoming week, anticipating a decline, with today likely marking the market's peak for the near term.Note
Covered the short position at 4725 and made long position for a short term bounce back with S/L 4700.
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