dRends35

SPX - Short

Short
dRends35 Updated   
SP:SPX   S&P 500 Index
Staggering into a short here with SL above top. It could have a distributive bounce so i'll be looking for that also but I think good chance it wont get above the open now.
Comment:
Apologies for messy chart./
Comment:
Nice 15 min star through 0.5 retracement he to show there is plenty of selling pressure. It will probably flounder a bit but it looks like the trend is down.


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