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Flea_FX
13 sep 2016 02:41

SPX Short - Range Play Kort

S&P 500 index of US listed sharesFXCM

Beskrivning

2 clear levels on SPX500 around 2,160 & 2,110, price has reacted strongly to these areas consistently & regularly. 4H chart shown for clarity of levels.

Clear deceleration around 2,160 on 1H chart triggered short entry. Price has also retraced to 50EMA on Daily chart.

Conservative target near bottom of range, increased volume expected through the evening (Aus time).
Mer